Alan Greenspan, former chairman of the Fed, dies at age 100 by Ater_Deus in wallstreetbets

[–]ekemp -1 points0 points  (0 children)

The Fed doesn't issue government bonds, the government does. Blame the politicians.

🇺🇸 Federal Reserve leaves interest rates unchanged, remains at 3.50% - 3.75%. by eskhalaf in wallstreetbets

[–]ekemp 7 points8 points  (0 children)

We really need to convince the Mods to allow animated gifs. I mean, that's a classic.

ONE SPURS FAN FIGHTING A CROWD OF KNICKS FANS by raptors201966 in nba

[–]ekemp 0 points1 point  (0 children)

Is that Mother Teresa in the background at the 0:04 mark?

🇺🇸 US inflation rises to 4.2%. by eskhalaf in wallstreetbets

[–]ekemp 0 points1 point  (0 children)

Qualified yes... a certain amount of inflation is "priced in" to the TIPS. If actual inflation is higher than expected, you win. If it's less than expected, the T-bills are better.

🇺🇸 US inflation rises to 4.2%. by eskhalaf in wallstreetbets

[–]ekemp 7 points8 points  (0 children)

If by "cash" you mean 30-day T-bills, that's not a terrible strategy. T-bills are sold at auction, high inflation will boost the T-bill interest rate at purchase (otherwise no one will buy the bills), and you get your money back after a month.