Jump to content

Beautiful Bottom, Is It Padded? 3/9/22


Recommended Posts

  • Replies 18
  • Created
  • Last Reply
3 minutes ago, MisFit Kid said:

I lost money in the markets yesterday,

but I could save some money on my car insurance if I switch to GEICO today........

(amazingly this is a True Story)

That's nothing. I stayed at a Holiday Inn Express last night. 

Link to comment
Share on other sites

A TALE OF THREE ARKS

1/ The ARK Fund

This is a sinking ARK.

2/ The Reverse Repo Facility

This is a leaking ARK...CPI every year.

3/ 10 Year Swiss Bond

This would be quite a nice ARK. Only leaks Swiss CPI which is only 0.44% a year.

However the SNB has said they wont let the franc appreciate against the dollar........thats really not nice of them. 

 

Somebody needs to put a wanted ad in the WSJ

Wanted:

Country with low inflation.

Must have investment grade credit rating and central bank which is not allowed to print money at will and manipulate exchange rate.

 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...