Is investing in the money market worth it?
By Aidan Freswick
If you were to consider yourself a long-term investor, you would expect some sort of capital appreciation when reviewing your investments over certain periods. You would expect that the impact of rising inflation is not eating away at the purchasing power of your wealth. Historically, being invested in money market and cash type solutions would have given you peace of mind knowing that your wealth is not exposed to uncalculated risks, having no need to follow markets and assuming that you are keeping up with and possibly even outperforming the rate of inflation at a suitable level. This could not be further from the truth at current interest rate yields and if you review the returns on your money market account, you may be unpleasantly surprised.
Conversations with Zane Mooneyhan About Austro-libertarianism and Much More
Sent: Friday, February 19, 2021 3:08 PM
Subject: A second Question
One more thing, sorry I bring all my questions to you, you always answer fastest and with the most sources haha. So I was thinking about federally enclosed land and whatnot, and how there is millions of square miles of “federally owned” land, or otherwise controlled by the US govt, where they are preventing people from going in and homesteading their own land. Is there a case to be made that the govt control of this land is significantly inflating land/property prices? And if so would you say the libertarian solution would be to 1. Sell off the land or 2. “free up” the land, allowing people to go in and homestead the property. The second option seems like the correct libertarian solution to me, and I think this whole thing gets overlooked when talking about poverty and capital accumulation under capitalism. I don’t see why there i