Edward R. Murrow quipped, “If anyone isn’t confused, they don’t understand the situation.”
I get the basics, e.g., yield / price relationship, inverted curves, etc. but really I don't understand bonds –– anyone have a nuts and bolts demystify resource to share to quickly get up to speed?
Re: "Study what happened in Turkey . . . which subsequently printed and destroyed the value of the local currency." Warning from World Economic Forum (Davos) via Argentina's Javier Milei speech, paraphrasing . . . printing helicopter money, credit expansion (debt), bailouts (subsidies), controlling the interest rate is not capitalism, it's socialism and it doesn't work.
Edward R. Murrow quipped, “If anyone isn’t confused, they don’t understand the situation.”
I get the basics, e.g., yield / price relationship, inverted curves, etc. but really I don't understand bonds –– anyone have a nuts and bolts demystify resource to share to quickly get up to speed?
Re: "Study what happened in Turkey . . . which subsequently printed and destroyed the value of the local currency." Warning from World Economic Forum (Davos) via Argentina's Javier Milei speech, paraphrasing . . . printing helicopter money, credit expansion (debt), bailouts (subsidies), controlling the interest rate is not capitalism, it's socialism and it doesn't work.