Bayman11771 on Nostr: Understanding he likely has few fans on this protocol, Nouriel Roubini, along with ...
Understanding he likely has few fans on this protocol, Nouriel Roubini, along with Stephan Miran, has published a paper that explains in great detail the ultimate in fiat games Treasury is playing with debt issuance. Having read this, I can’t understand how he doesn’t see how Bitcoin contributes to fixing the problem. Nonetheless, that problem is laid bare in this paper. There’s also a podcast on Forward Guidance / Blockworks.
https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/635102_Activist_Treasury_Issuance_-_Hudson_Bay_Capital_Research.pdf
https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/635102_Activist_Treasury_Issuance_-_Hudson_Bay_Capital_Research.pdf