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John Redwood: Why bonds matter and how they work against a spendthrift government
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John Redwood: Why bonds matter and how they work against a spendthrift government
It is untrue to say that any government bond with a very distant repayment date is "safe". In times like today those bonds will sell off to low prices. They can be ravaged by inflation at any point in their long lives.
The post John Redwood: Why bonds matter and how they work against a spendthrift government appeared first on Conservative Home.
28 Aug, 05:30