Q&A #161
Is monetary policy seeking to cheapen Treasuries so that banks and financial firms can buy as many as they want as cheaply as they want? Isn’t that what Jamie Dimon is doing? When does the long end go down? Have stocks made a double top, or is this time to double down long? What about uncontrolled municipal debt and taxes to correct it? Can anyone project the 10-year? What would it take for Jeff to change his mind on inflation and rates? Isn’t the govt just doing MMT? Did the April events make an impact on the economic outlook? Does low interest rates lead to a downward spiral? What kind of downward spiral?
