11 ms·
Risk free in the sense they’ll pay out. But if you buy $1B in bonds at 1% and inflations runs 4-5% over the bond term, you’re running a -3-4% real return.
by refurb 4y ago
Risk free in the sense they’ll pay out.
But if you buy $1B in bonds at 1% and inflations runs 4-5% over the bond term, you’re running a -3-4% real return.
- deleted 4y ago[deleted]