Creating Wealth Real Estate Investing with Jason Hartman cover image

1979: Police State, Digitizing The Dollar, SEC Attacks Crypto, Bank Bailouts, Clive Thompson

Creating Wealth Real Estate Investing with Jason Hartman

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The Debt Reduction Act and the Bond Market

We're well passed the crisis point in terms of national debt and financing it, he says. People rush to trade fiat currency for things that have intrinsic value - such as gold or toilet paper. The advantage governments had in the last decade has been very low interest rates. But we're now in an era where they look like interest rates are on the rise. And that over time will increase the servicing cost for the US government.

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