4 ms·

News: we would have to fire every single reader of any economy textbook. This is the definition of risk free/baseline. We have seriously degraded the world sta

News: we would have to fire every single reader of any economy textbook. This is the definition of risk free/baseline. We have seriously degraded the world stability the last 2 years. Edit: see sibling comment for clarification.

jimnotgym 4y ago
Indeed we would. I don't have time to check, but my accountancy textbooks definitely taught that gilts were risk free!