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bryanrasmussenyesterday at 4:53 PM1 replyview on HN

>problems..as well as US Bond holders

right, why would you want to hold US treasury bonds especially if the value of the US dollar is being destroyed? Even if I believed that the US wouldn't default on its debts, or come up with flimsy arguments why it shouldn't have to pay all of them

https://www.reuters.com/markets/us/trump-says-us-might-have-...

it just doesn't seem like a super-smart investment at the moment.


Replies

flowerthoughtsyesterday at 4:59 PM

If you sell the bonds, you'll end up with a lot of USD. If you try to sell that... You run into liquidity issues. Would probably cause a spike in gold prices as a default non-USD position. Oh, wait...