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Reply #16: "us treasuries" and "iou's" are the opposite ends of the spectrum [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
unblock Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-10-05 10:59 PM
Response to Reply #10
16. "us treasuries" and "iou's" are the opposite ends of the spectrum
us treasuries are the safest investment in the world.

iou's are commonly taken to imply personal credit, i.e., the riskist investments in the world.

all they have in common is that they are debt instruments.
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