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Cash is trash. It’s headed toward zero in the long run. They’ve barely unwound any of the Feds balance sheet. I think it’s ridiculous for the markets to assume
by rank0 4y ago
Cash is trash. It’s headed toward zero in the long run.
They’ve barely unwound any of the Feds balance sheet. I think it’s ridiculous for the markets to assume the fight is over and position for a pivot.
Imagine what would happen if the fed started selling $100B+ in treasuries per month. EVENTUALLY we’re gonna have to address that plus our enormous congressional deficit.
- starkd 4y agoThe fact you are getting downvoted is simply amazing to me. It shows people are just not ready to look at reality of budgeting. People are honestly under the illusion that debt is just a number and can never get too high. Nothing is forever.
- rank0 4y agoPeople have strong opinions about the economy without understanding monetary policy. It doesn’t take a genius to observe cash is GUARANTEED to loose value. In the current environment it’s the least safe asset…it just doesn’t have the same volatility to it!