I should have read this a couple of days ago. I was confused about the HBD being debt thing. I was under the impression it wasn't. Someone was commenting on the person that bought 600K worth of HBD wondering why you would want to buy debt.
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Bonds are debt. It just depends upon who is paying versus getting paid.
And of course, what is done with it.
The idea behind eventually creating bonds is to create collateral for enhance economic growth.
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