https://americanconservativemovement.com/the-collapse-of-the-risk-free-delusion-implications-for-the-133-trillion-bond-market/ American exceptionalism isn't dead. It just needs to be embraced. Wed, 19 Jul 2023 12:24:51 +0000 hourly 1 https://wordpress.org/?v=6.6.2 https://americanconservativemovement.com/the-collapse-of-the-risk-free-delusion-implications-for-the-133-trillion-bond-market/#comment-16038 Wed, 19 Jul 2023 12:24:51 +0000 https://americanconservativemovement.com/?p=194902#comment-16038 I love it people buy debt with debt … you have a dollar . A reserve NOTE . A note is an instrument of debt . You buy a bond . An instrument of debt . You expect wealth in the form of interest . But what do they give you . Dollars for interest . So you use debt to buy debt to get and they give you more of a debt instrument. The principal is returned to you in dollars . It’s still not wealth but debt.
An you expect to get a head . You expect to make wealth . You think bonds can’t fail .
You are an idiot .
Duncan Adams

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