You are viewing a single comment's thread from:
RE: In Finance, Liquidity is the Killer App
With negative inflation the value never gets adjusted down.
There is a secondary market where you can sell before maturity.
If you are looking for growth to keep up with inflation that isn't taxed then municipal bonds would be better.
Personally I buy Series I US savings bonds for inflation protection.
Posted using Partiko Android
What if this happens?
You use your honeymoon money to pay the accounts.
Just kidding. The savings bonds are backed by the full faith and credit of the us government. They have the power to tax the richest single country economy in the world to pay me back. If SHTF then I'd rather have liquor, livestock, or books.
Posted using Partiko Android
Guns and ammo are also reasonably durable commodities with intrinsic value.
In-fact, in the wild-west, a small glass of whiskey was often traded for a single bullet.
I would trade means of self defense or water purification in that scenario. But books can last quite a long time and people need something to do when they can't watch TV.
Posted using Partiko Android
Good point. I'll stock up on paper-backs!