Money and Debt

https://www.youtube.com/watch?v=bd9PYIb0H2o

What is a government bond or a sovereign bond? Wikipedia tells me that a government bond is “a debt obligation issued by a national government.” So now one owns a bond. What one does not own is the money (anymore). That may or may not be valid, I don’t really know. But soon enough, the first weasel words are to be detected. These words are right there in the first paragraph when they of the website (Wiki) declare that at maturity “…the government would give back the…

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Jack Silverman

Jack Silverman

368 Followers

I am the one who is real. I had an original idea, International trade. This fits into Ideas in Economics or ‘Social Economics’. Why? Read on!