Why Global Debt Keeps Forcing Central Banks to Print Money With Michael Howell from CrossBorder Capital

<p>Michael Howell, founder of CrossBorder Capital and author of Capital Wars, explains how debt refinancing drives demand for liquidity, why bond yields matter and how monetary inflation can erode wealth.<br />⁠</p><p>00:00 Introduction<br />⁠</p><p>03:33 Money Flows and Bitcoin as a Liquidity Barometer<br />⁠</p><p>07:01 Why Global Liquidity Growth Is Slowing<br />⁠</p><p>10:18 The Fed and Money Market Liquidity<br />⁠</p><p>15:51 Debt Refinancing and the Role of Collateral<br />⁠</p><p>20:00 Bond Yields and the Term Premium Debate<br />⁠</p><p>22:01 US China Capital Wars and Gold Collateral<br />⁠</p><p>26:49 The 2027 Outlook and Monetary Inflation<br />⁠</p><p>32:56 Watching for the Next Liquidity Turning Point<br />⁠</p><p>The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.<br />⁠</p><p>3 ways to join us:<br />⁠</p><p>1. Talk with us with the Community Chat Membership: Keep the conversation going after the show in our 24/7 Telegram community chat, sharing ideas with us and fellow investors: <a href="https://whop.com/modernmarket/products/modernmarketcommunitymembership/" rel="ugc noopener noreferrer" target="_blank">https://whop.com/modernmarket/products/modernmarketcommunitymembership/</a><br />⁠</p><p>2. Cut the noise with the Inner Circle Membership: Read-only Telegram channel for more serious investors wanting trade ideas, market takes and portfolio construction thinking (includes Community Chat Membership): <a href="https://whop.com/modernmarket/products/modern-market-inner-circle-membership/" rel="ugc noopener noreferrer" target="_blank">https://whop.com/modernmarket/products/modern-market-inner-circle-membership/</a><br />⁠</p><p>3. Trade with us on Sway: Our mobile perps trading partner is offering $3,000 in monthly prizes: $500 each week for the highest realized P&amp;L and $1,000 for the highest volume over four weeks. Join on mobile with code MM3000: <a href="https://sway.fun/ref/MM3000" rel="ugc noopener noreferrer" target="_blank">https://sway.fun/ref/MM3000</a></p>