AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Importance of Credit Quality Concerns
The real people that get bailed out are actually the investors and the financial institutions that are benefiting from this. I don't see a time when interest rates in the USA get down to historical lows like the 0.56% on 10 year US treasuries. Any decrease in inflation will be met with an increase in the credit quality concerns as reflected in the credit default swap markets of sovereign debt nations. Bitcoin's beautiful once again. It's a long volatility asset. Your short credit because you own insurance on credit means your long volatility. Used to be US Treasuries, not anymore. Now it's Bitcoin baby. That's a new Boston town.