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gilead23

08/27/20 10:11 AM

#76426 RE: cliffvb #76423

More or less yeah

It doesn’t guarantee real returns, but they seem dedicated to inflating away the value of cash.

Better to buy something overvalued by 40% than to sit in cash that is devalued by 50%. I know this was expected, but I’m surprised gold isn’t up.

I’ve been moving cash into dividend payers.
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michael t

08/27/20 10:31 AM

#76435 RE: cliffvb #76423

History would indicate that getting trapped in pandora's box of printing your currency will not end well for central banks. It is like musical chairs. How long will the music last, and can you get out before it ends?