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by amh
5741 days ago
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Treasurys are "safe" in the sense that the US will never default, since the government can simply print dollars as needed to cover the debt. So yes, you're guaranteed to get your 1% interest in nominal dollars... the question is, how much are those dollars really worth? The dollar may not enter a hyperinflationary death spiral as some believe it will, but its days as the default world reserve currency appear to be fading fast. |
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