The Doom Loop Has Already Begun
VRIC Media Aug 27, 2026
Summary
Don Durrett argues the U.S. is already inside a financial doom loop driven by post-2008 money printing.
He blames Fed and Treasury bond-market intervention for lifting stocks while making the system more fragile.
He forecasts a financial crisis within roughly three years, pointing to money-supply growth that mirrors equity prices.
He contrasts today's policy with 19th-century growth, which he says happened without money printing to drive GD@.
Don Durrett's takeaways
- Top takeaway The guest argues a financial crisis is inevitable within the next three years, framing a 'doom loop' that has already begun and stating there is no way to avoid it.
- The guest claims the Fed and Treasury have been manipulating markets since 2008 by tying money-supply expansion to stock-market gains, using money printing to generate wealth rather than real growth.
- The guest contrasts this with 19th-century U.S. growth, arguing economies can expand without printing money and that doing so 'is just asking for trouble.'
- The guest criticizes 'Besent's' announcement that the Treasury will buy both the long and short end of the bond market, calling it explicit manipulation of the bond market and 'a really bad thing.'