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home / news releases / TMV - Argentine Inflation Lessons For The U.S.

TMV - Argentine Inflation Lessons For The U.S.

Direxion Daily 20-Year Treasury Bear 3X
  • The key feature of the U.S. monetary system—as distinct from Argentina's—is that the Fed cannot create money directly—only banks can do that.
  • I think the Fed is making a big mistake by pegging short-term interest rates at a level that is far below the current rate of inflation.
  • Economics is all about scarcity and incentives. Today, the incentives are powerfully lined up to fuel a cycle of rising inflation.

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Argentine Inflation Lessons For The U.S.
Stock Information
Company Name: Direxion Daily 20-Year Treasury Bear 3X
Stock Symbol: TMV
Market: NYSE
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