Comment on Why quadratic funding is not optimalparentComments−sokoloff1yBonds are an exchange of cash now for more cash later in the other direction. Eventually, that “cash later” is taxed or inflated away (printed), so it’s a difference in timing more than category.−taeric1yFair. Still largely a different form getting cash now, though? Particularly if you account for the fact that governments can go belly up.
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Bonds are an exchange of cash now for more cash later in the other direction. Eventually, that “cash later” is taxed or inflated away (printed), so it’s a difference in timing more than category.
Fair. Still largely a different form getting cash now, though? Particularly if you account for the fact that governments can go belly up.