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by Ekaros
420 days ago
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Because there are real world counter-examples take Japan and stock performance there. It has worked to this point, but past returns are not guarantee of future returns. On other hand well both political parties really enjoy line going up, so even if it leads to inevitable destruction lot will be done to keep it going up. |
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Take all your life savings into a savings account? Well, you could lose it all if the FDIC and your bank collapse.
Take it all into cash under your basement? You are gambling that you won't have a house fire, that you won't be robbed, etc.
Keeping US dollars at all is gambling that the US dollar retains value - there are plenty of examples of currencies completely collapsing.