5min chapter

Animal Spirits Podcast cover image

Listener Mailbag

Animal Spirits Podcast

CHAPTER

Is It Safe to Change Your Application to Government Bonds Every Six Months?

Michael, why don't you re hash your idea for people that missed last week? I think if the government can say, we understand people are upset with us about the high inflation. We're going to take the cap away on these things so you can invest. Because these things reset with the inflation rate. The thing is, they reset every six months. If by then inflation is lower, this rate could be lower. Of course, if inflation stays high, that rate will remain high. Michael's against consensus. He thinks there might be an potential interest rate increase over time. Being contraried is always not that much of a hath ill do it. It should make sense in theory

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