Do you have any insights into practical difficulties of issuing shorter tenor TIPS of "Trillionths" (security that pays x% of the NGDP at a future date)?
I see you have not learned the first thing about punditry, :) A true pundit give san immediate opinion on everything (se moi!) Often wrong; never uncertain. :)
Thanks this is didactic in the best sense. :)
Do you have any insights into practical difficulties of issuing shorter tenor TIPS of "Trillionths" (security that pays x% of the NGDP at a future date)?
Thomas - I don’t know what shorter tenor means in this context ?
And explaining how things work is definitely a style of substack … so am fine with didactic
I definite approveof didactic!
Shorter tenor TIPS means that instead of being issued only for 5 and 10 yeas, that they be issued to 1 ,2,3 years too.
noted, I need to think about it and respond
I see you have not learned the first thing about punditry, :) A true pundit give san immediate opinion on everything (se moi!) Often wrong; never uncertain. :)
Ohhhhh I loved your response !!! :-))))
Another proof of you apunditry. You should have been incensed! :)