Albert Edwards And Scott Minerd Agree: US Yields Could Go Negative

Albert Edwards And Scott Minerd Agree: US Yields Could Go Negative

Do you believe we've "crossed the Rubicon" where that means policymakers are increasingly inclined to view the world through the lens of Modern Monetary Theory even if they insist they're doing no such thing? If the answer is "yes," you'll be forgiven. The superfluous middleman notwithstanding, central banks are engaged in debt monetization. That's been true for a long time, of course. What's new is that the "match" between government borrowing and central bank bond-buying became so glaring fo
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3 thoughts on “Albert Edwards And Scott Minerd Agree: US Yields Could Go Negative

  1. I love how people who think that dozens of Congresses will pass the necessary combination of prudent tax increases and spending cuts necessary to have Federal surplusses large enough to pay off $20+ trillion worth of debt look at MMT advocates as the kooks.

  2. I’m with Albert. Zooming out, the trillion dollar question is what will it take to break a powerful 40 year trend of demographics, debt, technology and globalization? Certainly something of much greater magnitude than we’ve seen so far.

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