Is There a Debt Spirale?

"We are in what we're in a debt spiral. The question is, when does it come due?" he asks. "They're trying to land this plane on a jet, a jumbo jet on a string," Obama says of the Federal Reserve's plans for inflation-controlled interest rates. But if you let inflation run hot, you get more nominal dollars to pay off that debt and so your tax bill will go up -- but not enough to cause riots. 'When you have four or 5%, yeah, it sucks'

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James Lavish is a former hedge fund manager and CFA with 25 years of institutional investment and risk management experience. The Yale and Cornell alum, who at one point was drafted by the National Hockey League, was recently Chief Operating Officer of Alternative Investments at asset management firm LKCM in Dallas, Texas. James was also the co-founder and a managing partner of Ranger Arbitrage, Head Arbitrage Trader and Officer of the Compliance Committee for Carlson Capital. He is the author of The Informationist Newsletter, and a co-founder of the economic and Bitcoin education group, The Looking Glass.

Follow James on Twitter https://twitter.com/jameslavish

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OTHER RESOURCES

- Natalie's website https://talkingbitcoin.com/

- The Informationist Newsletter https://jameslavish.substack.com

- The Looking Glass https://lookingglasseducation.com/

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