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The Big Beautiful Bill Is More of the Same
Manage episode 484361308 series 21002
There’s a crisis afoot in the global long-bond markets. Japan’s is melting down, while the rest are under pressure. Adding fuel to the fire, the Trump administration threw in the towel on controlling US fiscal deficits and now says the plan is to instead “grow the economy.” Translation: More money printing and inflation, dead-ahead.
605 episodes
Manage episode 484361308 series 21002
There’s a crisis afoot in the global long-bond markets. Japan’s is melting down, while the rest are under pressure. Adding fuel to the fire, the Trump administration threw in the towel on controlling US fiscal deficits and now says the plan is to instead “grow the economy.” Translation: More money printing and inflation, dead-ahead.
605 episodes
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