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the reason to talk about bonds is that everything in finance is a promise and bonds are the most basic kind of promise
even cash is kind of like a promise: it's a promise that you can redeem it for something of value in the future. That understanding of money as a promise is a good entry way into understanding inflation and bitcoin
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what is interest , why does it exist is a good one yes, do you think bonds might be too advanced for a 12 year old, or just have that as a later module ?