6/ so your argument is "I'd like there to be better options, but so far science hasn't come up with any" ? ok, sure, I also would like better options but US fed does a pretty good job https://twitter.com/unhygenicmacro/status/1215770579640430593 …
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17/ Also, dude, you're counting the inflation twice. EITHER say that it's worth X now OR say that prices have gone up. But not both, because it's the exact same thing.https://twitter.com/AlexRDell/status/1215785932042801154?s=19 …
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18/ No, this is very very wrong. Currency is MB or M0. Around $4T. US economy is $22T (GDP, I.e. earnings) or $40T (market cap, I.e. stocks) or maybe $100T (real estate, public market cap, private firms) or maybe morehttps://twitter.com/ctdonath/status/1215822173937553408?s=19 …
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End of conversation
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Electronics/books investment ftw
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Circular argument. Cash isn’t a store of value *only because* people want to avoid purchasing power loss due to inflation. This simple point undermines your entire thread.
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