A clip from my recent interview with veteran bond analyst @FossGregfoss discussing the recent meltdown of the bond market. Listen to the full episode (179) here: bit.ly/44Q7n2j
@saifedean @FossGregfoss Haha the 100 year Austrian bond really made my day. 🤣 It's obviously going well in the Fiat world.
@saifedean @FossGregfoss Not that I need to but after listening I believe I’ve finally got a grip on understanding bonds. Bitcoin is a long volatility risk off asset. Thanks to you and Foss. 🙏
@saifedean @dueyfromstlouis @FossGregfoss It was great episode. Nobody explains bonds quite like Foss.
@saifedean @FossGregfoss @FossGregfoss saved my ass in bonds. Dumped them out of my 401k a few years ago listening to that legend. Thanks Greg. #math
@saifedean @FossGregfoss Hyperbitcoinization in progress
@saifedean @FossGregfoss @saifedean this episode made me stop procrastinating. Currently looking into hardware wallets.
@saifedean @FossGregfoss It’s must watch interview :)
@saifedean @FossGregfoss @FossGregfoss Can you explain the mechanism through which CDS spread increases for a country that has all its bonds denominated in its own currency? Why doesn't the risk remain only in inflation risk? Does this country become forced to sell obligations in another currency?