A dollar in ten years is not the same currency as a dollar today. It’s absurd to... | Hacker News

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		umanwizard on March 13, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... A dollar in ten years is not the same currency as a dollar today. It’s absurd to say that there is “no cost” to holding bonds that pay 1% interest for years when you can now buy bonds that pay multiple times that.

rtpg on March 13, 2023 [–]

For the FDIC I think that "1.01 dollars in a couple of years" is good enough when talking about a bailout.

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