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Posts: 163
In response to
"
I'm embarrassed that I don't know the difference between Fed Notes and Treasury Bonds. -- nm
"
by
Max
Notes are the paper bills in your wallet, treasury bonds pay interest like bank CDs -- nm
Posted by
zeitgeist
Dec 5 '17, 15:47
(No message)
Responses:
!#!@ Well I know what CASH is. Here, wealthy man, hold my "Federal Reserve Notes" while I kick you in the dick.
-
Max
Dec 5, 16:31
Well not exactly, you buy a bond at discount, pays face value at end of term. -- nm
-
zeitgeist
Dec 5, 15:48
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