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Bonds: When a government or even perhaps a large company needs money to cover its current expenditure it'll get it by selling bonds. North america Treasury might sell bonds with a face value of $1000 bearing a promise to cash holder $1000 on June 1, 2022 and interest at an annual rate of 5%. This market value with the bond goes up and down as market interests rates go down and up; but it can do converge on its face value of $1000 as 2022 ideas. Of course, the other side of credit is balance due. In the US and globally, a historically unprecedented amount of credit