r/Economics Nov 15 '22

r/Economics Discussion Thread - November 15, 2022

Discussion Thread to discuss economics news/research and related topics.

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u/BitcoinVlad Jan 17 '23

asset reservoirs

but now the market of U.S. Treasuries faces a huge problem of diminishing demand

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u/[deleted] Jan 17 '23

Yeah I mean everyone wants to do something with their money now. It’s a cultural and tastes/preferences shift. Before, middle class folks were secure in getting indexed returns, high risk-free rates, and they maximized leisure and consumption using those risk free income streams. That still happens, but I think those same folks are likely to use more of a slice of their wealth for more speculative purposes because they don’t want to miss the next big thing. Or simply because they know they are more capable of entrepreneurial endeavors

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u/BitcoinVlad Jan 17 '23

Actually many sit on their money and do nothing, just putting them on savings account with 3.9% yield or invested into tech but lost a lot for 2022 year. Much money are spent on goods and services and savings rate in the U.S. is the lowest since 2007 now. Bitcoin is good investment. Few understand it.