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Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
"That's why public debts matter because if debts get high enough, where higher rates no longer have that kind of decel aspect that they do [otherwise]. It can be an accelerator where the additions to fiscal deficits, which are stimulatory because all that interest expense. All that spending is someone else's income"
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Augustvscaesar.eth pfp
Augustvscaesar.eth
@augustuscaesar
I feel that markets are the funniest thing because we are still acting like high rates of interest matter & that the yield inversion matters.
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