3 ms·
If I own 1000$ in US treasury bonds then I will make some return (like 3%) after it vests some time from now. But if the US government tracts me down and pays m
by ianai 7y ago
If I own 1000$ in US treasury bonds then I will make some return (like 3%) after it vests some time from now. But if the US government tracts me down and pays me the principle of 1000$ ahead of schedule then I have lost the scheduled rate of return. It’s a harm to me and in aggregate a harm to social wealth growth.