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00:00When you sat here with us, this is years ago now, and you said cash is trash. Do you remember that?
00:05Yes, because cash was trash.
00:06Cash was trash. Is cash trash now?
00:09Cash is about right. They shouldn't ease it. Any monetary policy from here?
00:16They should not.
00:16No. And then what will happen?
00:18Okay.
00:20Now, it's not so much the guide of inflation, it's the supply and the demand of debt.
00:27Okay. That will be the driver, because what happens is, as you have a supply-demand problem, if you do, and you will, then you have to—what does the government do about that?
00:41If they don't fill that supply-demand, if they don't provide the buying, then interest rates go up.
00:47Right.
00:48Okay. And that has a bad effect on everything.
00:51So that is really—I think that's the topic of today. That's the topic of the next six months.
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