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Old 06-14-2021, 04:57 PM
  #6  
Excargodog
Perennial Reserve
 
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Joined APC: Jan 2018
Posts: 6,722
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Sitting on a half TRILLION dollars waiting to buy bonds, mortgages, etc., when the coupon/interest rate goes up…among other things.
Cash is king early in an inflation cycle.
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