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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?

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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.

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