Basically Fed, Treasury has no ideas what to do about the deficit. Anybody wants to bet that we will see a US$50 trillion debt before Trump leaves office?
1. He is eyeing the US gold and will swap it for imaginary crypto that his family members own.
2. Like climate changes, US debt will accelerate.
3. Japan will accelerate the selling of US bonds. It's a cascading effect, see how much you can see the bonds without the bond losing too much value. Everybody will try to sell . Falling knife, see who catch .
Fed Internal Disagreement Goes Public: Waller Contradicts Warsh's Push to Scale Back Forward Guidance
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