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Jim Bianco on Inflation, MMT, and DeFi's Disruption of Banking

Inflection Point

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Introduction

This week on the margin, we talk to Jim Bianco of bianca research. He says a chart shows that 85% of corporate debt is in negative real rates. That means if you own high yield securities, your income won't even cover inflation rate. And it underscores this idea that there's very little value in the bond market.

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