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Savings Bonds Pitch Faces Purchasing Power Question
LESLIE NEW YORK notes a health department letter selling savings bonds to new parents as a gift of “warmest congratulations.” The piece questions the future buying power of dollars, arguing bonds are only as strong as government finances and inflation. It cites a back-of-letter table showing modest weekly investments growing, but warns the dollar’s value has fallen, urging caution in using bonds to secure a child’s future.
MENTIONED IN THIS ARTICLE
Leslie
New York
Iectter
United States