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If inflation somehow keeps rocking at 8.5% for a decade straight we have a much bigger problem on our hands than the relative yield of a treasury bond. Technica
by Forgeties79 4y ago
If inflation somehow keeps rocking at 8.5% for a decade straight we have a much bigger problem on our hands than the relative yield of a treasury bond. Technically anything is possible…but I’m willing to risk saying that won’t happen.
- nostrademons 4y agohttps://en.wikipedia.org/wiki/Appeal_to_consequences https://en.wikipedia.org/wiki/Appeal_to_consequences I'd say that yes, we have a much bigger problem on our hands than the relative yield of a treasury bond.
- Forgeties79 4y agoI get what you are saying but the point of my comment - and I see why it didn’t come off this way - is that it won’t be 8.5% for a decade, so no, buying a treasury bond is not -5.5%. To emphasize this point, I said we’d have a lot worse problems because for it to be true the US would be experiencing an unprecedented economic catastrophe.