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He's probably referring to inflation reducing the value of a (non-inflation protected) treasury bill investment. Of course they'll honour their obligations, but
by Luc 17y ago
He's probably referring to inflation reducing the value of a (non-inflation protected) treasury bill investment. Of course they'll honour their obligations, but they may pay using dollars that are worth less.
- daeken 17y agoYes. It's "safe" in that they're likely not going to fold, but they're worthless for maintaining a relatively stable purchasing power.