richfool wrote:TheMotorcycleBoy wrote:So in conclusion, I guess if we get JC and high interest rates + inflation, then for me, when this does actually happen....if at all, then I guess I should consider steering our savings in the direction of government bonds?
Yes, but which Government's (country's) bonds?
Hmm. The UK ones I guess, since *presumably* they'll be yielding higher than the US, Jap, and Deutsch ones, whereupon I'd suffer currency change hit too.
Surely it's just a question of yields and fees, since if you peeps is saying is true, then I'll be screwed by higher inflation regardless of domain of my bonds. Still having to purchase in the UK....
Presumably, Rich, you are alluding to our own GB bonds possibly defaulting?