Depends if the purchasing power of the currency holds up. Real returns are what ... | Hacker News

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		lotsofpulp 79 days ago \| parent \| context \| favorite \| on: Tether is now the 17th largest holder of US debt Depends if the purchasing power of the currency holds up. Real returns are what matter, and earning 3% “risk free” is not so “risk free” if the price of things you want to buy increase by more than 3%, etc.

nocoiner 79 days ago | [–]

Skimming 3% on OPM is still a pretty, pretty good business.

eightysixfour 79 days ago | [–]

Well, fortunately for them we are talking about amounts of money where inflation is irrelevant.

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