This week, we are back to our ongoing series on capital destruction. Let’s consider the simple transaction of issuing a bond. Party X sells a bond to Party Y. We will first offer something entirely uncontroversial. If the interest rate rises after Y buys the bond, then Y takes a loss. Or if the interest […]
Tag Archive for: Tax Cuts and Jobs Act
https://monetary-metals.com/wp-content/uploads/2018/09/tax-cuts-and-jobs-act.png 400 400 Keith Weiner https://monetary-metals.com/wp-content/uploads/2022/08/monetary-metals.png Keith Weiner2018-09-04 05:55:432018-09-04 11:35:14Illicit Arbitrage Cut by Tax Cuts and Jobs Act, Report 3 Sep 2018
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