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Anyone with 0.1% of a brain switched to hard assets during the COVID ~0% money printing mania.

• hshdhdhj4444 1y ago
  And they would have lost a record increase in U.S. assets across the board, including the US dollar, which should have gone down if the problem was money printing. It’s rare to have such a clearly evident case of cause and effect. We know why yields are going up. Because investors don’t believe the U.S. government can control their budget deficits. The recent rising yields have little to do with money printing from 4-5 years ago.
  • hedora 1y ago
    Also, 0% interest was a thing for years before covid. It was pretty much the entire trump administration. (Back then, we bet on unprecedented inflation, and that’s been working out great so far.)
    • ty6853 1y ago
      Yes you're right. I was just too poor then to notice.
  • ty6853 1y ago
    When the US government can't control their budget deficits, one of the way they dissolve those liabilities is through inflationary activities.