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To: headsonpikes
When's the last time a US Savings Bond defaulted? I mean... they ain't gonna create millionaires, but nobody's gonna lose a nickel on those things.
59 posted on 04/30/2002 2:55:25 PM PDT by Harrison Bergeron
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To: Harrison Bergeron
"...nobody's going to lose a nickel..."

I agree; they will be fully paid off with government guaranteed colored paper.

Bonds are famously known by monetary historians as 'certificates of guaranteed confiscation'.

For excellent reasons!

60 posted on 04/30/2002 3:06:23 PM PDT by headsonpikes
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