article thumbnail

Join The Bond Market Resistance!

Random Roger's Retirement Planning

The article devoted a good amount of space to bond market math, focusing on the pain of owning the iShares 20+ Year Treasury ETF (TLT) and bond funds in general. An individual 20 year treasury bond bought when yields were at their lowest will return 100 cents on the dollar when it matures in 2040.

article thumbnail

Transcript: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

The Big Picture

I I, it’s funny because my last book was 15 years ago and now I have a new one coming out and the next one will be in 2040. Wasn’t the Excel spreadsheet error, which changed their math. Problem is, the math doesn’t work 01:20:33 [Speaker Changed] Well, you know, math, who really believes numbers should add up.

Taxes 147
article thumbnail

Transcript: Michael Lewis on ‘Who is Government’

The Big Picture

So Barry Ritholtz : Sam Peltzman, and this is my in, in 2040, my next book, Sam Peltzman iss, the guy who studies seat belts and airbags and ABS and all that stuff. He, like, he stopped doing math and science when he was like seven years old. Does that ring a bell? Michael Lewis : No. Tell me what it is. They are characters.