Government's Panicked Response to This Economic Crisis [View article]
That is a valid point. Cash is king during deflationary times.
On Jan 07 08:57 AM User 55065 wrote:
> I agree with most of what you say, except for the last sentence "only > winning asset classes in this environment are going to be cash,". > How can cash outperform anything in high inflation period. When inflation > is high, only materials and hard assets can protect you-and cash > turns into trash quite fast!!
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That is a valid point. Cash is king during deflationary times.
Jan 07 17:11 pm
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All Comments by Marc Courtenay »Government's Panicked Response to This Economic Crisis [View article]
On Jan 07 08:57 AM User 55065 wrote:
> I agree with most of what you say, except for the last sentence "only
> winning asset classes in this environment are going to be cash,".
> How can cash outperform anything in high inflation period. When inflation
> is high, only materials and hard assets can protect you-and cash
> turns into trash quite fast!!