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preston
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2023-03-11 13:29:43

preston on Nostr: 💯 It’s interesting. If inflation keeps going down (like it did for 40 years), ...

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.
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