New Treasury Product: TRP

by Mr Juggles

From JasRas in the discussion thread of this Big Picture post called Bernanke to Banks: Take the Hit:

“From the makers of TIPS, now the TRP: The Treasury Reduction of Principal Mortgage” now we protect you from inflation and deflation! Don’t worry about buying something at the peak anymore, with a TRP we’ll absorb the declining value so you don’t have to!”

Recommendation: It’s only a matter of time.

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POSTED: 03/5/08 4:21 PM
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