From: Governor Swill <governor.swill@gmail.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: LOL... Moronic 4 Year Old Thinks We're Still On The "Gold Standard"
Organization: Easynews - www.easynews.com
Date: Tue, 14 Oct 2025 13:17:29 -0400
On Tue, 14 Oct 2025 08:43:28 GMT, Jan Panteltje wrote:
>But WHY should a country buy US debt when they can get
>much better return on buying gold, or some other currency
>than inflating dollars?
Because US debt profits are more reliable. The interest is stated in
advance and rises in direct correlation to inflation.
It's worth noting that in the aftermath of Bush's Great Recession,
nations and institutions were still buying treasuries even though the
interest rate offered was 0%. Why? Because US treasuries were the
safest place to keep your money. Earnings and yield became irrelevant
against safety.
Gold, like most other investments, has no guaranteed yield and can, in
fact, become worth less than you bought it for faster than you can
unload it.
--
"The next voice you hear will be your own."