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513 sats \ 1 reply \ @zuspotirko 23 May 2022 \ on: Ask SN: What’s riskier?? bitcoin
There is almost no risk with the 10y Treasury. You are guaranteed to earn less interest than inflation will devalue it. A guarantee to loose = no risk.
The US government is insolvent. They use new debt to pay for old debt and the Fed is monetizing the debt. The government could go belly up and stop all payments especially if tax revenues decrease substantially and foreign investor lose confidence in US treasuries.
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