miron on Nostr: Wow this was a great read. Thanks. What I took away. Interest rates hikes are not ...

Wow this was a great read. Thanks.

What I took away. Interest rates hikes are not efficient now because inflation is not coming from the private sector but the public sector because of larger debt burdens and larger deficits. The authors are not alarmist but say that inflation will only go up for the next decade. Treasuries not a great investment. Own hard assets.