To: Fungi
US Notes don’t accrue interest
The US Treasury wishes it could issue T-bills without interest.
To: Right_Wing_Madman
The US Treasury wishes it could issue T-bills without interest.FWIW - Interest on bills held by the Fed is returned to the Treasury, isn't it?
To: Right_Wing_Madman
The US Treasury wishes it could issue T-bills without interest. They will. And it will seem a good deal when the banks start charging negative interest rates (as they do in some Western countries).
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