147. Bond Markets with Nik Bhatia
The Bitcoin Standard Podcast
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How Do You Navigate Out of This Corner?
More easing is going to mean more inflation, which I think is becoming politically unpopular. But on the other hand, continuing to raise interest rates is how we're at the point now where the servicing of the US Treasury debt is the single biggest item in the US budget. The US pays more for its military than the rest of the world combined. So where is this going? And I guess, okay, maybe they can kick the can a little bit further down the road and, you know, get the rates up, get the expanding up and then pivot back and then get some inflation continue to oscillate between being hung over from the sedatives and being hung over with stimulants.
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