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21 sats \ 1 reply \ @zapsammy 27 Dec 2024 \ parent \ on: CONFESSIONS OF AN IDIOT: _Financial Times_ Goes Full @denlillaapan econ
around 2021 i went on a camping trip where i met a bitcoiner away-from-keyboard for the first time. we were debating an older guy who was storing whiskey as an investment, and also believed in holding the government bonds. i asked him what is he going to do when the bond yield hits 20%... and he said that he wud roll-over the bonds to the new yield, while laughing about it. we did not ridicule him too hard, because he was treating us with free whiskey. i wonder how his investments are doing.
That poor old man... At least he has good Whiskey
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