Q&A #159
Will a Japan carry trade blowup finally destroy the dollar? Why are so many people still so utterly convinced the Fed prints money? Is that all gold is useful for? Has the world lost trust in the dollar? Is there a 40-year Treasury bull market and is this its end? What explains the behavior at the long end of the Treasury curve? Will the pandemic leave long-term distortions in economic data? Is Treasury trying to push investors into longer-term bonds? Or is the government being led by investors away from them? Are gilts at risk of a UK disaster and what would that do to Treasury yields? Why is the dollar the only option? And why don’t more people know this?
