4 ms·
Well, bonds are easier to deal with than cash AND you do not run the risk of binge-spending them. In some sense, bonds “do not burn” whereas your house may, or
by pfortuny 7y ago
Well, bonds are easier to deal with than cash AND you do not run the risk of binge-spending them.
In some sense, bonds “do not burn” whereas your house may, or tour bank account may collapse, etc.
The premium is the guarantee.
- hsk823 7y agoAssuming the sovereign debt is actually still good. Countries do default on their debts