EP365 500Billion Pension Fund Will Lose Money Without Bitcoin.
Simply Everything Bitcoin / Nov 17th 2021
► California's Largest pension fund that has $500B dollars is getting into a riskier assets to seek a larger return. However their 6.2% return is the same as the recently announced biased 6.2% inflation, meaning their actual rate of return is zero if you believe government numbers however like we've stated many times on the show if you include food and energy costs the actual rate of inflation is around 15-20%. So the California pension fund will actually be loosing money but there is a solution and that solution is Bitcoin
► Gary Leland creator of…
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