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A comment on Happy 400th birthday to the world's oldest bond. Parent comment

Re:Happy 400th birthday to the world's oldest bond by rvba on Monday December 23, 2024 @07:47PM (#42498787)
The banks nowadays know very well to index your debt with inflation
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Re:Happy 400th birthday to the world's oldest bond by Spooky23 on Monday December 23, 2024 @08:05PM (#42498876)
The banks offload the obligation to Fannie Mae and collect commissions and administrative fees. With respect to mortgages, they function essentially as sales agents for the government.
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Re:Happy 400th birthday to the world's oldest bond by rvba on Monday December 23, 2024 @08:28PM (#42498965)
Your view is very USA centric. In many places the loans are not unloaded.
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Re:Happy 400th birthday to the world's oldest bond by Spooky23 on Tuesday December 24, 2024 @08:43PM (#42506270)
Fair point!
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