Explain the significance of the word "bond" to this era of United States 5.

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04-04-2016
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Explain the significance of the word "bond" to this era of United States 5.

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meerkat18 meerkat18 · Answer 1 · 2016-04-13T11:15:27+02:00

meerkat18 meerkat18

13-04-2016

When government borrows money from citizens, they would return this money back to the person the same way a bank would. They would give it in the form of bonds that can be sold to speculators. Problem is that it would be sold at a lower value.

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