El Guapo and his men issue 100 year bonds

Discussion in 'Wall St. News' started by Covertibility, Oct 5, 2010.

  1. What could go wrong?
  2. It's better when KO or IBM do "that". :cool:
  3. Any individual that buys and holds that to maturity will likely completely forget about it by the time 100 years is up, not to mention that $500 million dollars will likely only have about 1 million worth of buying power in 100 years. So go and buy $10k worth of those bonds and in 100 years your grandkids will likely have $50 worth of purchasing power. Probably not enough to fill up the tank on their personal spaceship.