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> I think you're crazy as an individual to be holding anything but bonds at this point What bonds? There is an almost zero chance that the expenses of the US g
by csomar 1y ago
> I think you're crazy as an individual to be holding anything but bonds at this point
What bonds? There is an almost zero chance that the expenses of the US government decrease while there is a good chance that their revenue takes a hit. At some point you can't pay your dues (and no, printing currency is not paying your dues, you are getting hit on your basis).
- ramesh31 1y agoIndeed I'd expect just about everyone holding cash is going to take a >10% haircut over the next year purely from the inflation that is about to explode. It's a devil you know kind of scenario.