1247 days ago • Posted by Charles-Henry Monchau
The risk of monetary debasement highlighted in this chart courtesy of Crescat Capital
Treasury holdings by banks relative C&I loans just hit a fresh record. As highlighted before by Tavi Costa, banks are now lending more to the government than to businesses/households. Crescat Capital believes there is only one solution to this wall of debt…that‘s monetary debasement. Source: Bloomberg, Crescat Capital