In the course of the Second World War, millions of individuals, both men and women, were sent off to fight.
This led to the necessity for their payments from the government, resulting in financial deficits for many participating nations in the conflict.
A solution was required to replenish the finances or face years burdened by debt.
The solution was the introduction of War Bonds.
These bonds generated substantial sums of money and played a significant role in stabilizing the country.
You might be wondering: how can we purchase bonds when so many people are unemployed?
It’s essential to recognize that it is not the impoverished or jobless individuals who buy bonds; they simply lack the resources. Rather, it is the patriotic and loyal citizens of our nation who come to our aid during crises…which certainly helps if one has financial means.
Even amidst the sorrow and loss experienced during 1939-1945, we managed to navigate through these challenges. Some are still receiving payments from that era, and others continue to profit during the current tumult.
It is essential to motivate and encourage the government to reflect on strategies that proved effective in the past…to safeguard our future.
by Danny Mason
