[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.
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