P321
The US will eventually drive Treasury interest rates down to 0 percent through financial repression.
What Jiang said
“I'll make this 0%, guys”
Analysis
He predicts the US will control its debt burden by forcing demand for Treasuries while lowering yields to zero. He says inflation would then erode the real debt burden over decades.
Source lecture
Status history
- 2026-05-26 · Pending (codex)