[WikiEN-l] Donation banner and strongly negative reactions

Anthony wikimail at inbox.org
Thu Nov 13 01:35:45 UTC 2008


On Wed, Nov 12, 2008 at 6:05 PM, Ray Saintonge <saintonge at telus.net> wrote:

> Anthony wrote:
> > Where can you safely get 5% interest, anyway?  The 30-year bond is around
> > 4%.  Long-term municipal bonds are around 5%, but they're not totally
> safe
> > nowadays.  And this is, as Gregory pointed out, before inflation.  The
> > chance that the US is going to start adding zeros to its dollar bills in
> the
> > next 30-years is non-negligible.
>
> It's about time that the US abandoned $1.00 and $2.00 bills and just
> used coins instead.


Given the current crisis, I wonder how (and if) that would affect interest
rates, since bills are a liability of the federal reserve, but coins are
not.


More information about the WikiEN-l mailing list