3 ms·
TIPS is measured via CPI not Asset inflation Sure they can invest in something more productive but the whole point of having reserves is to be more robust to n
by formalsystem 6y ago
TIPS is measured via CPI not Asset inflation
Sure they can invest in something more productive but the whole point of having reserves is to be more robust to negative changes e.g: COVID or jump on new opportunities (some company goes up for sale).