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> Austerity measures will include wage and price controls (like Nixon did in 1970s), sky high interest rates. ^This is my biggest concern. Thus far real estat
by stx 5y ago
> Austerity measures will include wage and price controls (like Nixon did in 1970s), sky high interest rates.
^This is my biggest concern.
Thus far real estate has been my favorite investment. I assume though if interest rates go up peoples buying power and hence prices will go down. If I liquidate my investments I will owe taxes and I fear inflation will eat up the cash value.
Buy e-yuan? Leave the USA?
- onlyrealcuzzo 5y agoThe Yen isn't a reserve currency, and it's had 0% interest rates for ~30 years. Why can't the dollar be the same?