Replying to Avatar bitcoin.rocks

Government bonds are the ultimate Ponzi scheme.

You're giving money to an entity that is not profitable, always runs a deficit, and uses other investor funds to pay you back 😂

But they're somehow RISK FREE!
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Undisciplined 2y ago

They're considered risk free in the nominal sense. You will get back the number of dollars promised.

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bitcoin.rocks 2y ago

Generally true unless they selectively default like they did to Russia's bond holdings