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Reply #2: I found this....... [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
Tangerine LaBamba Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-08 05:46 PM
Response to Original message
2. I found this.......
"Can I ever lose money in I Bonds?

No. They are U.S. Treasury securities backed by the U.S. Government. I Bonds even protect you from the effects of severe deflationthe earnings rate can't go below zero and the redemption value of your I Bonds can't decline."

Sounds to me like I-Bonds are in the same protected status as Fannie Mae and Freddie Mac.

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  -If the U.S. government goes bankrupt, what happens to i-bonds? shrike  Sep-09-08 05:42 PM   #0 
  - they are lost  grannie4peace   Sep-09-08 05:43 PM   #1 
  - If the country goes belly up we're all screwed.  EmeraldCityGrl   Sep-09-08 05:47 PM   #4 
  - I found this.......  Tangerine LaBamba   Sep-09-08 05:46 PM   #2 
  - There is of course, an alternative to bankruptcy ...Raise Taxes..  Stuart G   Sep-09-08 05:46 PM   #3 
  - The Treasury Could Decide the Conditions  ribofunk   Sep-09-08 05:48 PM   #5 
  - Just think U.S. Confederacy Bonds and what they were worth after  whistle   Sep-09-08 05:48 PM   #6 
  - A 70's movie called "Americathon" was about a telethon bailout  The_Casual_Observer   Sep-09-08 05:49 PM   #7 
  - Remember the government can always print money...  spin   Sep-09-08 06:03 PM   #8 
  - I don't like to overreact to things  shrike   Sep-09-08 07:39 PM   #9 
  - I have similar concern with Treasury Bills  DemReadingDU   Sep-10-08 09:11 AM   #11 
  - If you trust the Gov't to pay the debt, keep them  dixiegrrrrl   Sep-09-08 10:22 PM   #10 
  - It's almost impossible for a govt to go "bankrupt." Even Zimbabwe isn't "bankrupt"  HamdenRice   Sep-10-08 10:18 AM   #12 
  - Not worthless, but not worth much either.  OllieLotte   Sep-12-08 03:27 PM   #13 

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