Dr. Bernanke Gets a Phone Call

Quote from Random.Capital:

I don't believe I'm familiar with the species of bond whose value goes down when yield goes down.

not everybody has a base currency in USD...
 
Quote from trefoil:

Another Mises post.
I stopped reading when Zhou says if rates fall he'll lose on his holdings. If you're actually a bond trader, that's where you should've stopped too.
Dumber and dumber.

it was humorous. take it with a grain of salt and stop being so fussy.
 
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