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Isn't the value of bonds, which are essentially debt denominated in the fiat currency, intrinsically linked to the value of that currency? Debt isn't an indepen
by caf 11y ago
Isn't the value of bonds, which are essentially debt denominated in the fiat currency, intrinsically linked to the value of that currency? Debt isn't an independent store of value in the same way that equity or real property is.
- Ankaios 11y agoNot necessarily. See inflation-adjusted bonds, for instance.