Posted on Dec 22, 2022
Investors prefer bonds: How sleepy government bonds became the hot investment of 2022
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Posted >1 y ago
Responses: 2
PO1 William "Chip" Nagel
..."Spending the spoils
Andrea and I wanted to do what we could do to help the U.S. economy with our haul of 28 cents. We knew spending it would get it back into the economy faster than anything else.
Luckily, NPR's New York offices are right near Times Square, where there are infinite ways to spend money (as long as you "heart" New York).
Still, finding something for a quarter was not easy: The inflation that helped us get our sweet 28-cent payout has also pushed the price of nearly everything way up.
After visiting several stores, we finally found a souvenir shop offering postcards for a quarter. With sales tax, it came out to just under 28 cents.
There were several options, but we chose one with the Statue of Liberty on it. After all, patriotic capitalism is what government bonds are all about.
And if we buy another couple of bonds, we may eventually have enough money to mail it."
..."Spending the spoils
Andrea and I wanted to do what we could do to help the U.S. economy with our haul of 28 cents. We knew spending it would get it back into the economy faster than anything else.
Luckily, NPR's New York offices are right near Times Square, where there are infinite ways to spend money (as long as you "heart" New York).
Still, finding something for a quarter was not easy: The inflation that helped us get our sweet 28-cent payout has also pushed the price of nearly everything way up.
After visiting several stores, we finally found a souvenir shop offering postcards for a quarter. With sales tax, it came out to just under 28 cents.
There were several options, but we chose one with the Statue of Liberty on it. After all, patriotic capitalism is what government bonds are all about.
And if we buy another couple of bonds, we may eventually have enough money to mail it."
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PO1 William "Chip" Nagel good day Brother William, always informational and of the most interesting. Thanks for sharing, have a blessed day!
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