Loading ...You said: “OK, here’s a question I don’t know the answer to: If I buy a government treasury bond or bill for, say, $100………….. and the government suddenly devalues its currency from $1.00 to, say, .50 cents,………… how much will my government treasury bond or bill be worth after the devaluation??
It would be as worthless as the currency…the only worth would derive from being paid in gold or silver…which you won’t be because the wealth of the country has been stolen by previous presidents and their fellow criminals.