Land is better than Treasuries to store wealth

Land is used to store wealth not Treasuries.

The role of Treasuries (Government debt) in the financial markets is very similar to cash. It is cash that provides a modest return, in exchange for being unavailable for a short time. So the question of the reliability of Government debt is not so significant, for the saver.

The Government can continue to print Treasuries and Bills because the cost (risk) of default is not a significant factor in their purchase. If the saver is concerned about default, the money will instead be invested in land.

Savers aren't worried about Sovereign debt default because they have their assets (wealth) tied up in land.


Further, since the reliability of bank deposits is dependent on Treasuries (Government debt is safer than bank deposits) then land is also superior to bank deposits (not only Treasuries) in storing wealth.