= 27d567bc2d48d9f40e9ccc20ea370b15)
ThrustVectoring comments on US default as a risk to mitigate - Less Wrong Discussion
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (120)
As a general rule, holding dollar-denominated fixed rate debt is a great way to mitigate inflationary risks. Best source of that is a mortgage on real estate.
It will suck to be a bondholder or on a fixed income. It will suck to buy things from outside the US. It will suck to have a long commute or to travel lots (gas prices). Stocks will hurt, but not too bad. Real estate is solid. Fixed rate debt holders are laughing as the banks have to accept their wheelbarrow dollars.