# @peterschiff on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Cy5pBpPOKsS
- **Gondola URL:** https://gondola.cc/posts/9699779-peterschiff-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/17f5549c4e.jpg
- **Posted:** 2023-10-27T11:30:22.000+00:00

## Caption

U.S. Treasuries are now the ultimate risk asset, as losses are guaranteed. There are only two possible outcomes, default & deflation, or devaluation & #inflation. The latter option is more politically expedient, which means everyone who owns U.S. #dollars will also get destroyed.

#us #bonds #dollars #debt #default #inflation #deflation #destroyed #politics #risk #assets #american #economy #gold #stockmarket #crash #investors

## Stats

- **Views:** 0
- **Likes:** 1,927
- **Shares:** 0
- **Comments:** 84

## Tags

inflation, economy, destroyed, stockmarket, dollars, default, us, deflation, american, debt, risk, politics, investors, crash, gold, bonds, assets

---
Copyright (c) Gondola