Benewing on Nostr: Gundlach floated the idea lately that US could say that any bond coupon will be ...
Gundlach floated the idea lately that US could say that any bond coupon will be capped at 2%, which would dramatically reduce the govt interest expense but also make the us treasury market instantly illiquid, so us couldn't issue more debt, resulting in massive austerity. This would solve the problem of debt going forward. It would also likely not be good for bitcoin, as it would make us dollar harder.
Published at
2024-07-02 11:05:20Event JSON
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