Two things:
1. Bonds, especially USA Treasuires, are the closest thing you can get to USD cash and of course the attractive thing is that they
are guaranteed by the USA. However if interest rates in the USA increase by 2 percentage points, and why won't they given
the amount of money that has been printed recently, holders of US Treasuries will experience significant losses. So my question
is: how is this a store of value at a time when US interest rates are at a multi decade low?
2. You have some reasonable things to say but how about leaving off the bookends where you either say or imply that those who
don't agree are stupid
Cheers
USA Debt limit being increased to 31 TRILLION $$$ - woweee, page-18
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