5 ms·
It’s a bubble. Buy low and sell high. Right now, holding cash is the safe option. You can predict that the bubble will burst, but not when. However with the US
by adrianco 10mo ago
It’s a bubble. Buy low and sell high. Right now, holding cash is the safe option. You can predict that the bubble will burst, but not when. However with the US being run by someone who is poking everything with sharp implements I think it bursts sooner.
- jameslk 10mo agoCash is just another asset class, and since becoming a pure fiat it’s never been a good one: https://fred.stlouisfed.org/series/CPIAUCSL https://fred.stlouisfed.org/series/CPIAUCSL Given the fiscal dominance we’re in now that pretty much guarantees higher rates of inflation in the future, I think there’s much better places to place your money if you want to diversify. At least cash equivalents would be better
- mondrian 10mo agoThe parent comment is probably just talking about temporarily timing the bubble pop.
- simianwords 10mo agoHow are you so sure it is a bubble?