In the late 1970s and early 1980s, a period of unexpectedly high inflation, Happy Felsch referred to

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In the late 1970s and early 1980s, a period of unexpectedly high inflation, Happy Felsch referred to long-term bonds issued by U.S. corporations and the Treasury as certificates of confiscation." Why would Happy make such a comment?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 02:48 AM

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In the late 1970s and early 1980s, a period of unexpectedly high inflation, Happy Felsch referred to

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Fundamentals of Investments

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