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IDesireWisdom t1_jegdib0 wrote

Reply to comment by NoobCinema75SGF in Honestly, who the fuck is bearish right now ? by [deleted]

When the financial system goes down the dollar goes with it. No point in leaving your green backs sitting around.

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NoobCinema75SGF t1_jegf0qk wrote

Cause when the financial system melts down and drags the dollar with it; your stocks will totally save you?

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IDesireWisdom t1_jegncl4 wrote

If the dollar is going with it then you’ve overvalued the dollar. It doesn’t matter if your puts are profitable if your dollars aren’t worth anything.

I speculate it’s better to put those dollars to use now while they’re worth something. If you’re buying commodities with the dollars you do have that’s one thing, since it’s actual wealth. If that’s not what you’re doing then IMO you should just spend them bc they’re going to be worthless anyway.

The future is uncertain. But what I do know? I’m regarded.

If I don’t translate my money into wealth then yeah I’ll be screwed. But if the dollar is going to zero than I’m screwed hanging on to dollars anyway. So basically I’m screwed!!!!

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