I have confused myself
If deflation is here then yields should be falling on bonds. But they are rising - like inflation is coming and sellers of bonds want out
Or bond holders are just panicking and just trying to get out
Maybe in the zombie economy all prices fall but you have inflation with falling assets prices. I never heard of such a combo
I will bet that bond holders just panicking to get out of bonds. This is funny. Everyone panicking to get out of everything... and into fiat currency?
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this should really rocket gold., page-16
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