Jeff Richards(@jrichlive):“The long-term Treasury yield is the most important price in the world. It is also the only fiscal disciplinarian the U.S. has left. Neither party will run on entitlement reform. Both have spent the past decade expanding commitments while ignoring arithmetic.”

Jeff Richards

@jrichlive

Venture capitalist @notablecap, partnered w/ @Anthropic @Vercel @fal @JoinHandshake @databricks @WisprFlow @OneQuince @HashiCorp + many more, 2X founder 4X dad

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Jeff Richards@jrichlive

2026.08.25 02:39

“The long-term Treasury yield is the most important price in the world. It is also the only fiscal disciplinarian the U.S. has left. Neither party will run on entitlement reform. Both have spent the past decade expanding commitments while ignoring arithmetic.”