treasuries
3 statements across 2 episodes · 1 bullish · 2 bearish · 2 people on the record · first statement May 11, 2023 by Balaji Srinivasan · across every show →
Everything said about treasuries, oldest first
May 11, 2023 bearish
May 11, 2023 bearish
Balaji: US will inflate away debt or suspend convertibility instead of defaulting
“Well, basically what'll happen in my view is they will they won't, they may not default on it long-term in the sense of pay cash, but they'll inflate it away to such a point. Or make it illiquid or suspend convertibility.”