Bonds and Guilts

Or they just print more which causes all sorts of other problems.

Bonds and guilts are issuesd which are then sold to various financial institutions for cash. Unfortunately, interest has to be paid on these and they eventually have to be paid back.
The interest on these is what's going to f**k us up over the next few years.

Who exactly is buying them i don't know. I wouldn't

Small......economics editor out haveof the wrath, Bristol

Posted By: Small on October 8th 2009 at 18:47:56


Message Thread


Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.

Log in