Monday, January 6, 2014

1-6-2014 Newshound Guru Millionday

1-6-2014   Newshound Guru Millionday    [Can you briefly explain how the bonds play into all of this? bonds are for the gov -- they sell them and the person agrees to hold them for a certain time and they gain interest that is agreed on.   they choose economically how many they need to sell.  it is an economic tool.  [But they would have to sell at the new rate or go broke right? yes i would agree  [And replaces the auction to keep the rate stable?]  yes it is to keep inflation and the rate stable -- economic stability.