Government bonds are the ultimate Ponzi scheme.
You're giving money to an entity that is not profitable, always runs a deficit, and uses other investor funds to pay you back 😂
But they're somehow RISK FREE!
Discussion
Nothing is risk free-
But yeah UST are the most desirable financial instrument in the system because they’re considered safest and most liquid. Always a market for them.
Shouldn’t be true based on “facts” but it is, so reality just doesn’t always conform to facts.
sounds like bought 100YR AUSTRIAN bonds 🤣
The true Ponzi is retirement accounts. Plain definition of a pyramid.
