Dan Romero
@dwr.eth
If US debt-to-GDP is such a problem, why arenโt US Treasury rates surging and other fiat currencies surging relative to the dollar?
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Giuliano Giacaglia ๐ฒ
@giu
Because the FED buys it suppressing the free- market to speak! That will translate to inflation. Least worst option. If your house is dirty and all other houses in the neighborhood are even dirtier, that doesnโt mean that your house is clean.
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Dan Romero
@dwr.eth
But why arenโt sophisticated large scale pools of capital betting against that?
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Giuliano Giacaglia ๐ฒ
@giu
Sorry, I didnโt understand your question. Betting that inflation will go up?
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Dan Romero
@dwr.eth
Betting against the USD, debt to gdp, cost of US borrowing will materially increase?
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Giuliano Giacaglia ๐ฒ
@giu
Druckenmiller is doing so. He is one of the best in the game. Not sure about what others like him are doing
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