Inflation isn't a bug—it's the feature. Four decades of illusory expansion, propped up by systematic currency debasement, got torched when COVID hit and geopolitical chaos followed. Now central banks think rate cuts are the remedy? That's like offering fresh blood to something already draining the system. Long-term bond yields aren't fooled—they're screaming the truth everyone's ignoring. The debt spiral deepens while policymakers keep feeding the cycle.
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Inflation isn't a bug—it's the feature. Four decades of illusory expansion, propped up by systematic currency debasement, got torched when COVID hit and geopolitical chaos followed. Now central banks think rate cuts are the remedy? That's like offering fresh blood to something already draining the system. Long-term bond yields aren't fooled—they're screaming the truth everyone's ignoring. The debt spiral deepens while policymakers keep feeding the cycle.