This puts more pressure into the Treasury. And the FED is likely to add more assets and bonds to its balance sheet over the years. The system is completely broken!

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

macro boomers have been calling for this blow up for a long time - when will it actually happen - will the can just keep getting kicked down the road? Does USD supremacy guarantee it won’t blow up?

big fan of /geography , /no-channel and NBA Spurs  - travisjblackburn on IG

Ancora imparo 

Exactly - the "unsustainable debt" narrative at this point needs to explain how it's been sustained for decades if it is to have any explanatory power.