@steveliesman.bsky.social on Bluesky

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Steve Liesman

steveliesman.bsky.social

did:plc:yrttb2l65poatdcn3oo635ce

I keep thinking about this and I’m pretty sure Dalio is wrong here. You wouldn’t both default and inflate your way out of a debt problem. You’d do one or the other (I don’t think either happens). But they are not “separate” risks to debt holders. And I don’t think there’s an existing mechanism… [contains quote post or other embedded content]

2025-05-20T14:33:54.550Z