The Prehn Institute·Oct 23The Creditor’s Loss, the Debtor’s GainInflation as a redistribution mechanism across three American debt episodes
The Prehn Institute·Oct 22The Tax Nobody Sends You a Bill ForHow inflation erodes sovereign debt without appearing on a tax return
Brandy·Sep 14The Legal Ponzi SchemeIf a private company paid yesterday’s debts with tomorrow’s borrowing, we would ask how long it could continue. When governments do it, we…
James Picerno·Aug 20US Treasury Tries to Slow Surging Yields with a Band‑Aid FixThe Treasury tried to put a lid on rising yields this week, doubling the size of its bond‑buyback program in a bid to steady the market…
James Picerno·Aug 18Treasury Yields Spike as Fiscal Drift and Global Risks Pile UpThe US 30‑year Treasury yield rose sharply on Monday, breaking higher after spending the first half of August in a tight range. The move…
GSEO Research·Aug 15The Global Debt Reckoning: Who Will Buy the World’s Debt Now That Central Banks Have Stopped?aFor more than a decade, the world’s governments borrowed money in a market that wasn’t really a market. Central banks — the Federal…
Samir Varma·Jul 20Big If TrueCan a government roll its debt forever? A forgotten French bond supplies a strange piece of evidence — and a forty-six-page “if.”
Nero Venn·Jul 3The books they will never openThe Pentagon fails its eighth audit. Brussels refuses to name who receives its subsidies. Beijing will not count the debt it built. Three…
Paul Afraides·Jun 28America’s AI gamble is a hail mary with no receiver in sightThe US economy is staking its future on artificial intelligence—but the hype is outpacing reality, and the rest of the world is already…
Oscar,Sr Sarmiento·Apr 2Governments Do Not Need Debt to Build Public InfrastructureThis article explains how governments could fund public assets through shared ownership instead of loans.A response icon1A response icon1
