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21 sats \ 7 replies \ @Satosora 7 May 2024 \ parent \ on: US Treasury issues 125 billion dollars worth of new bonds this week econ
Wow they would be able to offload a bunch. I bet they would be worth almost the same amount after 18 years. That certificate wouldnt be able to keep up with inflation.
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73 sats \ 6 replies \ @Cje95 7 May 2024
Here is the most recent version of the bill…. $1k at birth
https://pressley.house.gov/2023/02/15/pressley-booker-re-introduce-bicameral-baby-bonds-legislation-to-tackle-wealth-inequality/
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21 sats \ 4 replies \ @Satosora 7 May 2024
Who has 1k to buy that when they are having a kid?
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31 sats \ 1 reply \ @Cje95 7 May 2024
I’m not sure it’s really a cost since it’s the federal government giving it and they would be off ramping bonds I believe
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0 sats \ 0 replies \ @Satosora 7 May 2024
Can you imagine the government starting to print their 1000 dollar bills again? I remember a few years back this special one signed by Chase was worth a lot.
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0 sats \ 1 reply \ @Undisciplined 7 May 2024
Fed printer go brrr.
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21 sats \ 0 replies \ @Cje95 7 May 2024
Exactly!
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10 sats \ 0 replies \ @TomK OP 7 May 2024
Thanks
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