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Scoundreller
on Aug 17, 2021
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Palantir bought $50M in gold bars in August as cas...
Why wouldn’t a stock (e.g. a gold mine or google) escape a USD devaluation?
The only companies I see screwed are those that make long-term loans at fixed interest rates.
missedthecue
on Aug 17, 2021
[–]
Because the cost of production inputs rise faster than they can pass on the costs to their customers. If no one suffered from inflation, we wouldn't bother measuring it.
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The only companies I see screwed are those that make long-term loans at fixed interest rates.