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10 sats \ 7 replies \ @Undisciplined 7 May 2024 \ parent \ on: US Treasury issues 125 billion dollars worth of new bonds this week econ
There are lots of options, but one that comes to mind is that they could make it a refundable tax credit. That would basically let people buy bonds instead of paying taxes.
Would that actually work?
I would buy the bond and sell them right away, because they are worthless.
Waiting for them to mature is a losing proposition.
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If they used bonds you could not touch them. The kid could do whatever he wants once he/she hit 18 but not before.
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hhhmm...
that would be a lot of money they would have to cash in.
Imagine the first set, might bankrupt america lol
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Ehhh the US is issuing like 7 trillion in bonds this year alone so meh
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7 trillion is just a drop in the ocean. lol
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Correction I think its actually $9... from what I can recall its roughly 1/4 of the outstanding debt. A ton of it has come due along with higher interest rates they are having to issue more it was a wild thing to read about tbh