David McWilliams

speaker

15,996 appearances 46 recordings 8 series first heard Jan 2026 last heard 10 Sep

David McWilliams’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 46 in all, peaking in Jun 2026 with 12.

Appearances

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The David McWilliams Podcast · Jackson Hole Reckoning: The $40 Trillion Debt Crisis and the End of Fiscal Exceptionalism · 27 Aug 2026 podcast

I think it was Gorbachev who said once, it's not matched

the actual power of our military. matched

It's the threat of the power of our military that is actually the deterrent from everyone. matched

So you actually just threaten rather than actually going in and doing something. matched

Yeah. matched

So think about the same the same sort of analogy with these these bonds, right? matched

Once matched

You have said we don't like the price, i.e. matched

the rate of interest. matched

What you've said to the world then is that matched

You people who actually set the price are wrong. matched

And the problem is that the only fiscal discipline the United States has is the bond market. matched

It is the signal from financial markets that something is going wrong. matched

If the head of the treasury matched

Reacts to that signal. matched

By trying to manipulate it downwards, what that will just do is that will scare investors yet more. matched

Because they'll think, hold on a second, the bond market should be allowed to do its thing. matched

I've always said, you know, this it's this it's this idea that the bond market is the signal from financial markets that something's going awry. matched

So it's the market that sets so it's the market that sets the price, matched

pal, John King Canute. matched

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