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21 November, 11:10

Whats the

reason that many Americans bought war bonds during World War II?

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  1. 21 November, 14:24
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    During World War II, full employment collided with rationing, and war bonds were seen as a way to remove money from circulation as well as reduce inflation. Known as debt securities for the purpose of financing military operations during war time, the bonds yielded a mere 2.9 percent return after a 10-year maturity.
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