Video wird geladen...

Video konnte nicht geladen werden

Zur Startseite

Peter Thiel: Think of the future on three horizons “What you end up doing when you think of the future as indefinite is you pick a job that will be good on your resume because it will then lead to a different job later on.” Instead of viewing the...

69,175 Aufrufe • vor 2 Jahren •via X (Twitter)

0 Kommentare

Keine Kommentare verfügbar

Kommentare vom Original-Post werden hier angezeigt

Ähnliche Videos

Prof. Steve Hanke: ‘STAY AWAY from long-term US bonds, Scott Bessent has no escape from the trap he is in and has LOST CREDIBILITY.’ ‘I wouldn’t want to be holding long-term US bonds. If I was a private investor, I wouldn’t want to be holding and I’ve indicated now for months to stay away from the bond market in terms of long-term bonds… 10 years or longer, like 30 years, becauseI said they would be tanking and they have been tanking, but part of it is due to this inflation underlying problem. Increase the money supply too much and you get too much inflation. That’s one factor. Then you have what’s going on with the war in Iran, as well as the one in Ukraine, and those factors are negative for these long-term bonds. And then a third factor, you’ve got the US Secretary of Treasury Bessent who’s trying to manipulate the markets by buying and supporting these long-term bonds. So he’s buying back long-term bonds that are already outstanding, and of course that artificially props the price up and pushes the yield down on those long-term bonds, but the trick is he’s still got to finance the deficit that we’re running in the United States, which means he has to sell more of the short-term bonds. And when you sell more, the supply goes up, the price goes down, and what happens? Bingo, the yield goes up on the short-term bonds. So there’s no escape from the trap that he’s in. He’s manipulating the thing around. He’s trying to keep the interest rates artificially low on the long-term bonds, but that means he must adjust and push them up on the short end. So it’s all a loser’s game. It’s as I say, he’s trapped and he’s lost a considerable amount of credibility, I think, by trying this manipulation game that he’s in, which by the way is not working. The bond vigilantes don’t like what he’s up to, and they punished him last week by actually going against what he was doing on those long-term bonds. The long-term interest rate didn’t go down as he announced that it would, it actually went up.’ —Steve Hanke on the latest episode of Going Underground Watch the full interview in the quoted post below 👇

Going Underground

14,779 Aufrufe • vor 3 Tagen