Just getting rid of pesky paper? Or trying to cut savings and encourage spending?
1 posted on
08/02/2010 6:06:06 PM PDT by
PAR35
To: PAR35
They figure they will not be able to meet the bonds,, so why issue them?????
2 posted on
08/02/2010 6:08:50 PM PDT by
MrPiper
To: PAR35
Bought a slew of these puppies in the ‘80s and ‘90s.
At the time they were boring granny investments compared to the go-go stock market. They are still paying 4-5% interest which is way better than any savings account or CD around these parts.
Dumb luck, I guess.
To: PAR35
Or maybe they don’t want Americans holding US debt? Doesn’t make much sense to me.
4 posted on
08/02/2010 6:21:43 PM PDT by
TheBattman
(They exchanged the truth about God for a lie and worshiped and served the creature...)
To: PAR35
They have been pushing switching to electronic bonds for a while. I don't know whether any new paper bills, notes or bonds exist at all except for savings bonds.
6 posted on
08/02/2010 7:20:03 PM PDT by
KarlInOhio
(Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
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