Want to create an interactive transcript for this episode?
Podcast: The Peter McCormack Show
Episode: Bitcoin & the Future of Bonds with Greg Foss - WBD435
Description: Location: Miami Date: Thursday 2nd December Company: Validus Power Corp Role: Bitcoin Strategist Credit is central to the modern capitalist system. This makes bonds the most important financial contract in the world, significantly more important than equities. So, when credit markets get sick, all other markets suffer. Bonds have performed well for nearly two generations. However, the market looks like it's about to turn. Yields are being suppressed by unprecedented government purchase schemes. This has to end, and when it does, yields will increase, prices will drop, and debt will become more c...