1 min readJun 15, 2020
This is just the whine of a guy who put all his money in bonds. Mostly government bonds from what I can tell.
An "anti-ZIRPer" is by definition someone who condemns any real or apparent monetary governance issue as "either for or against us". Us in this case means "my only investment strategy". Or, among gold-bugs and crypto-nutters, the belief that the only important economic factor is inflation.
There's no arguing that our markets' governance leaves a lot to be desired. And, even more, the number of fools who chase folly is epic in this country. But one kind of foolishness does not offset any other.