Why the thirst for government securities? Well, government has a big thirst for money, and in this environment, it's nice to put money with an entity that you're sure can pay you back.
Well, government has a big thirst for money
A sovereign government that spends by marking numbers up in your bank account and taxes by marking those same numbers down a notch, thirsting for something only it can create.
Does Parker Bros somehow prefer $500 bills over all the rest?
Been to a concert lately? How much did you pay for the tickets? And what did the host do with the tickets you gave in exchange for entry?
Think about it and ask what, if anything, does it mean?
