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Why are you set on holding currencies? I think Dalio is a clown, but I do like his pithy “Cash is Trash”. There’s not really any compelling reason to hold a mod
by wyager 7y ago
Why are you set on holding currencies? I think Dalio is a clown, but I do like his pithy “Cash is Trash”. There’s not really any compelling reason to hold a modern fiat currency except to satisfy liquidity requirements. Gold, Bitcoin, plain old equities, whatever, all provide some measure of relief from the inflationary treadmill.