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Why should anyone need an account from a private business to buy bonds, why do you think that people deserve to be punished for buying directly from the governm
by Larrikin 2y ago
Why should anyone need an account from a private business to buy bonds, why do you think that people deserve to be punished for buying directly from the government, and why do you think this is common knowledge?
- Supermancho 2y ago> Why should anyone need an account from a private business to buy bonds, That wasn't asserted. It's a more efficient route. Just as Door Dash is faster than having food mailed via USPS. > why do you think that people deserve to be punished for buying directly from the government This was not a claim either, but I'll be gracious. The government never makes inefficiency an explicit goal. The consequence is the incidental effect of a massive bureaucracy. This is common knowledge. > and why do you think this is common knowledge? Need to come down to the DMV or Social Security office? Gonna be a few hours in many localities. If you're lucky enough to use the website, maybe a few minutes. Scale this up to the Federal Level and less frequently exercised services. From secondhand experience (my wife): Getting a first name change and have no fingerprints? It'll be months of exchanges before the FBI nixes the application.
- snowwrestler 2y agoTreasuryDirect works great for buying bonds. This article is about people who want to sell bonds, and since that is a private activity, they need to do so through a private business, not TreasuryDirect.