
Are baby bonds a good investment?
Explain It to Me
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Leaders' Challenges, Home Building, and Baby Bonds
This chapter explores the challenges faced by leaders of Canada and the United States along with a large home-building program. It delves into the concept of baby bonds and their impact on closing the racial wealth gap, discussing the mechanics, rationale, and political decisions behind them. The discussion extends to financial support for families with newborns, emphasizing the importance of income, wealth, and societal frameworks supporting financial well-being.
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