Read it and weep bitches 
Discussion
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I bought the top again a few days ✌️😁
from looking at this, how can anyone invest any money in bonds 😂
I mean to be fair bonds give global liquidity, and financial security.
It's because Governments can issue bonds that economic growth is possible, while in the long term it is inflationary, healthy levels can be beneficial causing people to offload currency to maintain economic action.
That being said, it's an investment used by the wealthy to ensure basic returns in case of increased downside volatility of other assets.
Appreciate the detailed response.
Though there is a special name we give to people who hold government debt via bonds. We call them poor.
Is this "gambling on a speculative asset"? 🤔
Need this with one more column showing actual inflation rate
Was gonna say this too. Gold is half decent, but a column for M2 would be useful.
Math
Showing this to EVERYONE HAHA
I just had a conversation with a financial advisor I really respect, he’s in his mid to late 70’s. He asked me what I think about “crypto” I told him I only know about Bitcoin and everything else is a ponzi scheme. He then repeated the typical objections “ it’s not scarce because alt-coins” and it doesn’t have any “intrinsic value” i pointed out that Austrian Econ teaches us that all value is subjective and that Bitcoin can be transferred permissionless which is very valuable. He liked those points. Also pointed out that no one uses alt coins for anything real and that BTC has vibrant circular economies around the world. I mentioned the historical performance also and that shitcoins don’t really have that. He’s still not convinced 😞. He did ask if I thought he was too late at 100k. Told him I’m still buying DCA.
Really need to send him this though.
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But, but... #Bitcoin is so volatile!
nostr:note16w7ula82ru6z4xf2lszvjrsp9qsch7fldkv9mdds084pkvzvnthsf3gv7a
We did this. 🤝