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To: Cincinatus' Wife

“Never go down in value” means that they are tax payer guaranteed.


9 posted on 01/30/2014 3:34:10 AM PST by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: Graybeard58

Even if the dollars you are given won’t buy a postage stamp, their face value will be greater in the end than the beginning. Yippee!


12 posted on 01/30/2014 3:42:19 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Graybeard58

I took that to mean the bonds are indexed to inflation.

Knowing that the inflation is at hand, as soon as the minimum wage is raised, they have cobbled up a debt instrument that will allow the owner to survive the devaluation of the face value.


25 posted on 01/30/2014 4:24:16 AM PST by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: Graybeard58
“Never go down in value” means that they are tax payer guaranteed.

What he means is they never go down in face value. 30 years ago you could buy a candy bar for a quarter. Now they cost a dollar. So your matured savings bond is worth exactly 1/4 of it's original value when it is matured.

When I was a kid you could buy that same candy bar for a nickel. Actually I think they were bigger back then.

41 posted on 01/30/2014 6:04:40 AM PST by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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