Bonds are not a hedge against what comes after recession when central banks aggressively ease and devalue currencies to prevent deflationary crash; in currency devaluation scenario, bond holders get destroyed.
causalpending
Speaker
John RabinoEvidence Quote
“they're emphatically not a hedge against what comes after that when the FED steps in and or all the big central banks just aggressively ease and you know devalue their currencies like crazy”
Created: 8/11/2026, 7:47:07 AM
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