All-In with Chamath, Jason, Sacks & Friedberg
Markets turn Trump, Long rates spike, Election home stretch, Influencer mania, Saving Starbucks
Zach
And what that means is that you can't push on one aspect of the federal government's balance sheet without giving up on something else. So in other words, if you're going to allow higher inflation, basically monetizing the debt, the bond markets are going to make the government pay higher interest rates on its debt, right? Because they're not dumb.
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