Why the U.S. Treasury Should Issue More TIPS

BodieZviBusiness Week
Zvi Bodie, School of Management

Remember when a group of 23 conservative economists, hedge fund managers, and Republican strategists called on the Federal Reserve to discontinue quantitative easing in an open letter addressed to chairman Ben Bernanke in 2010?…

Expert quote:

“With all the uncertainty about future rates of inflation, there is nothing irrational about investing some of one’s wealth in TIPS, at a negative real interest rate, in order to eliminate this uncertainty.”

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