Balancing Bonds

"Better learn balance. Balance is key. Balance good, karate good. Everything good. Balance bad, better back up, go home. Understand?"
--Mr Miyagi (Karate Kid)

Fantastic debate between Jim Grant and David Rosenberg on whether government bonds are a buy or sell over the next few yrs. This is really a debate about the propsects for inflation/currency debasement vs. deflation (which may be the most important issue of our time) by two of the better thinkers out there.

Very compelling arguments by both sides.

Personally I plan to rewatch this vid multiple times so I can better align w/ both of these thought processes.