Timeline for Are there any non-decreasing securities on the stock market?
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Mar 12, 2019 at 17:21 | comment | added | JimmyJames | @jamesqf Exactly right. I considered delving into that as another way that 'risk-free' is about default, but not risk-free in terms of value loss. I decided against it but definitely a salient point. | |
Mar 12, 2019 at 17:05 | comment | added | jamesqf | But if the government prints more money, it lowers the value of each dollar, which means that even though you get the stated $X for your T-bill at maturity, you can buy less with it than you expected to be be able to. | |
Mar 12, 2019 at 14:25 | history | answered | JimmyJames | CC BY-SA 4.0 |