National issuers give you no FX risk + no counterparty risk (they can always 'print more' so won't default), but money supply can increase
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Replying to @polemitis
@polemitis You can really only achieve that if you're issuing the world's reserve currency. If you're not-- look at Argentina.1 reply 0 retweets 1 like -
Replying to @paulbaumgart
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@paulbaumgart they give you no FX risk vis-a-vis their own currency. Every country can do that. :)2 replies 0 retweets 0 likes
Replying to @polemitis
@polemitis The real risk is with respect to "intrinsic value" of whatever you want to buy, right?
7:33 PM - 31 Mar 2014
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