Tag: Inflation
-
The Illusion of Safety: What “Low Risk” Really Means for Investors
The standard “low risk” asset is short term treasury bills. If you are holding investment assets to be the low-risk part of your portfolio, there is a good argument to hold the lowest risk such investment. For US investors, the two best candidates for low-risk asset are probably T-Bills, and…
-
Money and the Making of America: The Secret Second Revolution
Happy (almost) Independence Day! We all know the Fourth of July as the date upon which the Founders signed the Declaration of Independence, the official beginning of the United States of America.[1] History books emphasize the surprising fact that a ragtag band of British colonies gained independence from the British…
-
Inflation Protection? Or Trap?
With inflation remaining “stubbornly high”[1] we today take a look at the usefulness, or lack thereof, of TIPS. Please don’t buy TIPS without reading this. TIPS stands for Treasury Inflation-Protected Bonds. The US Treasury describes TIPS thus (we added the “bold” fond for emphasis): Treasury Inflation-Protected Securities (TIPS) are marketable…
-
Does This Terrify You?
Does it terrify you that this man has the President’s ear in economic matters? Here is a video of President Biden’s Chairman of the Council of Economic Advisors trying to explain, well, you use your own judgment. I’m not sure what he’s trying to explain. Does it terrify you that…