Anthony wrote: > Where can you safely get 5% interest, anyway? The 30-year bond is around > 4%. Long-term municipal bonds are around 5%, but they're not totally safe > nowadays. And this is, as Gregory pointed out, before inflation. The > chance that the US is going to start adding zeros to its dollar bills in the > next 30-years is non-negligible.
It's about time that the US abandoned $1.00 and $2.00 bills and just used coins instead. The risk is to have a situation such as prevails in Egypt. In the two weeks that I was there at Wikimania time I only twice received coins in change, and thsat was from the cashier at official government tourist sites. Everything else was paper money down to the 25 piastres note worth about 5 cents. Carrying that in one's pocket creates a soggy mess. Ec _______________________________________________ WikiEN-l mailing list WikiEN-l@lists.wikimedia.org To unsubscribe from this mailing list, visit: https://lists.wikimedia.org/mailman/listinfo/wikien-l