peruvian_bull on Nostr: Especially long bonds. Now consider how many commercial banks, pension funds and ...

Especially long bonds. Now consider how many commercial banks, pension funds and private hedge funds have gotten destroyed in their levered long bond trade.

This is why the monetary authorities have been hard at work behind the scenes doing stealth QE in order to inject liquidity

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note1ztu…ra0x

Imagine lending the US government money instead of saving your money in bitcoin.

Buying bonds is akin to giving the meth head on the corner $100 because he promises he's going to use it to get clean.