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<p>[QUOTE="hotwheelsearl, post: 7757132, member: 75143"]As I understand, many Confeddy notes were effectively circulating "treasury bonds," with a pay-back date of "6 months after ratification of a peace treaty between North and South."</p><p><br /></p><p>This was pretty optimistic. Basically, the idea was:</p><p>Give us your money now, and IF we win you'll be paid back in interest.</p><p>If you don't you'll lose everything.</p><p><br /></p><p>Wait, sort of sounds like the stock market...[/QUOTE]</p><p><br /></p>
[QUOTE="hotwheelsearl, post: 7757132, member: 75143"]As I understand, many Confeddy notes were effectively circulating "treasury bonds," with a pay-back date of "6 months after ratification of a peace treaty between North and South." This was pretty optimistic. Basically, the idea was: Give us your money now, and IF we win you'll be paid back in interest. If you don't you'll lose everything. Wait, sort of sounds like the stock market...[/QUOTE]
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