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It's inevitable though. The funny-money has outpaced actual money by lightyears at this point. On the plus side, our interest rates aren't 0% right now, so the
by delfinom 2mo ago
It's inevitable though. The funny-money has outpaced actual money by lightyears at this point.
On the plus side, our interest rates aren't 0% right now, so there's some room there.
On the down side, our national debt generation now exceeds 125% of GDP and bond rates are shooting up because nobody wants to buy our debt.
- LogicFailsMe 2mo agoThis guy makes a decent argument that the funny money party doesn't really get started until Q3 2027. To which I would respond probably, but also probably not if another coding agent sized market opens up between now and then. But predicting the future is hard and all that. https://overweightskepticism.substack.com/p/ais-cash-cushion-runs-out-around https://overweightskepticism.substack.com/p/ais-cash-cushion...