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.