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185.7 Billion Bonds were sold. They paid 2.9 per cent, and matured in 10 years. This in a period of about 5 years A bond cost 18.75, and you could collect the face value of 25.00 at that time.

When I was in Kindergarten, we would line up after our morning milk break, to buy war bond stamps for 10 cents. We honestly had no idea what they were, only that it was a good thing. We would lick them and stick them in a book, and take them to the bank when the book was full. The bank would exchange it for a real US series E bond!! Wow!! And we felt sooo patriotic, because of all the publicity. We were glad to do it.

This when the median American income was around 2,000.00 per YEAR, not per month, and this country was at war with everything you can imagine rationed (not available to buy, or limited as to how much one person could buy).

So my next question is this, President Obama and the congress, Why the heck aren't you issuing them today, so we can pay our own way out of the terrible debt we're in? I've got a whole bowl of change and I'm waiting!!

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11y ago
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9y ago

To finance war effort and expenses many governments issued Debt Securities like War Bonds. During WW II in USA alone 85 million US citizens purchased War Bonds worth 185 billion US dollars.

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16y ago

$185.7 billion

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11y ago

185 trillion

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11y ago

rainbow unicorns

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Q: How much money did the US raise with war bonds in World War 2?
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