Read this. It is of UTMOST IMPORTANCE
This is how the bond game plays out.
25% on the dollar paid in cash.
The rest is in a note, that you can cash in 2020. Earning 5.1% interest. Amazing! No one can get anywhere near that type of interest rate.
It is a teaser to not just keep you in the game (as opposed to attack and file lawsuits), but it also lets all that "liquidity" aka funny money in the "system". Not only that, the funny money can increase at 5% per year, and you can probably borrow against it if anyone will take it as an "asset".
So this is how the game will be played.
http://www.insurancejournal.com/news/midwest/2010/10/12/113945.htm
