tag:blogger.com,1999:blog-932849711223680623.post6149977788275479609..comments2023-10-31T03:58:39.493-07:00Comments on The Alternative Investor: New Article on the Dangers of QE and Hedging Against InflationPeter Thompsonhttp://www.blogger.com/profile/03596110132513569467noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-932849711223680623.post-1539746804452907122012-04-22T03:17:08.577-07:002012-04-22T03:17:08.577-07:00People hold bonds (either directly, or indirectly ...People hold bonds (either directly, or indirectly via institutions like pensions funds) because they regard the relevant chunk of their wealth as being a nest egg: savings. If that chunk is converted to cash, they’ll still regard it as savings: they’re unlikely to blow it on consumer goodies, and hence boost inflation.Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.com