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A comment on Insider trading has been rife on Wall Street, academics conclude. Parent comment

Re:Insider trading has been rife on Wall Street, academics c... by jnordwick on Sunday February 11, 2018 @03:29PM (#16354613)
> if you want to get fancy is to shift some bond holdings to riskier or junk bond funds

Don't worry. The federal government is working on doing that for you.

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Re:Insider trading has been rife on Wall Street, academics c... by andrewjl on Sunday February 11, 2018 @03:36PM (#16354648)
If you're referring to US federal government debt, it's basically got a zero risk of default. You'll always get your principal and interest back in full. Why? The debt is denominated in USD and who can print any amount of USD at will? The Fed.

Edit: I think I get your larger point though, runaway deficit spending of the kind we've had in recent years does destabilize the riskiness of holding US assets / currency.

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Re:Insider trading has been rife on Wall Street, academics c... by ericd on Sunday February 11, 2018 @09:37PM (#16356143)
It has a very non-zero inflation risk, though.
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Re:Insider trading has been rife on Wall Street, academics c... by jnordwick on Sunday February 11, 2018 @09:49PM (#16356179)
It was just a throwaway line. I should have said municipal, but given the target audience and all. I'm not even a deficit hawk, but i thought it was funny :)
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