Tue, 18 May 2021
Jason Hartman talks with The Rebel Capitalist George Gammon about the newest Operation Twist. This is a program run previously that aims to manipulate yields. George explains how it did work and how it might be used again. The two also examine the hyperinflation of Weimar, Germany, and see if there's any link to what's happening in the USA today.
[1:11] What was Operation Twist and what's version 2 look like today?
[5:56] The impact of the Treasury spending down their account
[10:52] How bank actions are distorting the yield curve
[14:59] Is all of this as inflationary as it sounds?
[17:25] Average income in the US is substantially rising
[28:08] Weimar, Germany's inflation story