The Interest Rate Shock Will Blow Up The Government's Ponzi Game

The Interest Rate Shock Will Blow Up The Government's Ponzi Game

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The Interest Rate Shock Will Blow Up The Government's Ponzi Game Authored by Thorstein Polleit via The Mises Institute, In the international fixed-income markets, interest rates are rising, and the decades-long trend of declining bond yields has undoubtedly been broken. On August 2, 2022, the…

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