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| Re: Boehner walks away, gives up on debt negotiations with Obama (814648) | |||
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Re: Boehner walks away, gives up on debt negotiations with Obama |
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Posted by AEM-7AC #901 on Sat Jul 23 02:27:50 2011, in response to Re: Boehner walks away, gives up on debt negotiations with Obama, posted by SelkirkTMO on Sat Jul 23 01:14:29 2011. to BUY bonds and owe only ourselvesAhh yes, the Japanese trick. :-) FWIW, I suspect it's something that's never really appealed to most people, and besides, why aim for 4.60% rates on I bonds when you can go play with gold? It's just far less sexy as an investment when compared to the stock market, you don't get the satisfaction of seeing dividends checks, and you don't get the liquidity of a bank account. And if you're paranoid, you actually do worry about the Feds actually paying back. At least you can buy 'em online now. :-) |
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