We recently saw the US 10-year yield reach roughly 5.18%, marking the highest level experienced since 2007. As a result, borrowing expenses are climbing across the entire system. This upward shift in cost directly impacts everything from government debt and mortgages to corporate financing and the broader markets.
Considering that the federal debt is currently hovering near $40T, the process of refinancing those obligations at higher rates is becoming exceptionally costly. Ultimately, one fixed-supply currency has the power to resolve all of these mounting economic challenges.
Considering that the federal debt is currently hovering near $40T, the process of refinancing those obligations at higher rates is becoming exceptionally costly. Ultimately, one fixed-supply currency has the power to resolve all of these mounting economic challenges.
