Macro

Lawrence Lepard States That Fiat Currency Will Fail Due to Government's Untrustworthiness in Managing Money - ababnews.com

Source: ababnews.com

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DW NOTE

Lawrence Lepard has identified the core conflict: the issuer of fiat is also its largest debtor. Trillion-dollar deficits paired with rates below inflation mean savers are taxed by dilution rather than legislation. Gold at $4,114 would have seemed absurd five years ago, because it was.

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QUESTION: Marty, Bessent is plainly no trader. As you’ve pointed out, he’s spent far too long in the company of market manipulators. I remember your warning that rolling debt into shorter maturities only deepens future fragility. And as you put it, it’s Groundhog Day on repeat. So the question is: d

10-Year Yield Hits Multi-Year High, Long Bond Tops 5.3 Percent, Oil Surges

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Lawrence Lepard States That Fiat Currency Will Fail Due to Government's Untrustworthiness in Managing Money - ababnews.com

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10-Year Yield Hits Multi-Year High, Long Bond Tops 5.3 Percent, Oil Surges