Episode 298: How do Treasury Bills Work?
Words & Numbers
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Are You Guaranteed to Get Your Money Back?
The difference between Treasury bills and bonds is how long they last. You loan your money to the federal government and you don't get it back for 30 years. People will say to me, well, you're guaranteed to get your money back because the federal government can print money. And that's true, but it's a play on words. What you want back is the purchasing power of that money.
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