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umanwizard
on March 11, 2023
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FDIC Takes over Silicon Valley Bank
Yes, but you would get more than that if you bought an (equally safe) treasury bond today. So it doesn’t make sense to claim that your bond is “still worth $5”.
Also, $5 today is not the same currency as $5 in ten years.
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Also, $5 today is not the same currency as $5 in ten years.