Bond Expert Thursday Wrap: The Risk-Aversion Premium [View article]
Not only hyper-inflation, but eventual default! $2,500 cheeseburgers, anyone?
On Feb 26 07:42 PM HiSpeed wrote:
> So if the Fed is the last buyer of treasuries and the US dollar is > backed by US debt, what then, is the value of the USD? > > Sounds like a recipe for hyper-inflation
Bond Expert Thursday Wrap: The Risk-Aversion Premium [View article]
$2,500 cheeseburgers, anyone?
On Feb 26 07:42 PM HiSpeed wrote:
> So if the Fed is the last buyer of treasuries and the US dollar is
> backed by US debt, what then, is the value of the USD?
>
> Sounds like a recipe for hyper-inflation