I keep coming back to these charts from @LynAldenContact, thinking about the ways “this time may be different”. A key difference imo is the nature of the Treasury market itself. Unlike 40s (or even 70s), USTs are the foundational reserve asset & co

Lyn Alden @LynAldenContact · Jun 27, 2022

Good thread on the current structure and challenges of the US Treasury system, debt, and inflation.

Tweet Jun 26, 2022

by Matthew Pines

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