đź’Ż
It’s interesting. If inflation keeps going down (like it did for 40 years), you make way more “money” by sitting in the longest duration bond you can own. But when inflation starts getting higher than the average yield on bonds, you NEED to own the shortest duration debt that’s issued to protect against impairment. Lots of country club executives about to learn that lesson the hard way.
But to your much bigger point, Allen…The whole system is a giant Ponzi. To navigate this lie (especially at this point), you need to have a really deep understanding of how the fiat lie works. Most business owners are focused on their operations, not outpacing the fierce debasement and unwind of an 80 year globally constructed fiat credit farce.
preston
npub1s5…s6q7z
2023-03-11 14:29:43
in reply to nevent1q…r7qd
Author Public Key
npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7zPublished at
2023-03-11 14:29:43Event JSON
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"content": "💯 \nIt’s interesting. If inflation keeps going down (like it did for 40 years), you make way more “money” by sitting in the longest duration bond you can own. But when inflation starts getting higher than the average yield on bonds, you NEED to own the shortest duration debt that’s issued to protect against impairment. Lots of country club executives about to learn that lesson the hard way. \n\nBut to your much bigger point, Allen…The whole system is a giant Ponzi. To navigate this lie (especially at this point), you need to have a really deep understanding of how the fiat lie works. Most business owners are focused on their operations, not outpacing the fierce debasement and unwind of an 80 year globally constructed fiat credit farce.",
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