I never invest in a bubble. No matter how rational it might be. ...till it becomes a stable currency, whereupon it's not an investment, but a more or less stable means of preserving value.

So apparently the 'rational' definition of 'stable preserve of value' is outright LOSING 5+ percent of your purchase power every year, at minimum, regardless of which shit Fiat you're forced to use. That's not "more" or even just "less", that's pure unadulterated LOSS. Only a world packed full of stupid Keynesians and GovCorp Crony Thieves would call it anything else. Lol.