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I'm curious as to what alternative you invest in. The received wisdom is that TBills are the closest to a 'risk free' investment on the planet. However, as you'
by arunabha 2y ago
I'm curious as to what alternative you invest in. The received wisdom is that TBills are the closest to a 'risk free' investment on the planet. However, as you're pointing out, historically with increasing debt, some kind of debt repudiation(whether explicit or implicit) has always happened.
The practical question becomes what is a safer alternative and perhaps more importantly, can we know that today.
- spqrr 2y agoGold is less risky (in the counter party risk sense) so perhaps that.
- WalterBright 2y agoI invest in things that are not denoted in dollars, like stocks.