Rantings and tirades of a frustrated economist.
US bonds are currently yielding a negative real rate of return. You bet your sweet ass, rates should be going up.How much longer will the US debt binge party go on? No one knows, but one day posts like this one, will look rather warm and nostalgic.
It's better to invest in something safe and reliable. Junk Bonds.At least there you have a reliable counter party.
Good article Captain, thank you for posting it.My concern is that we are maybe in a ¨long term deflationary period¨ ;and as such, maybe we are provoking more inflation then we realize?
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