4 ms·
A dollar in ten years is not the same currency as a dollar today. It’s absurd to say that there is “no cost” to holding bonds that pay 1% interest for years whe
by School-Cotton 4y ago
A dollar in ten years is not the same currency as a dollar today. It’s absurd to say that there is “no cost” to holding bonds that pay 1% interest for years when you can now buy bonds that pay multiple times that.
- rtpg 4y agoFor the FDIC I think that "1.01 dollars in a couple of years" is good enough when talking about a bailout.