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But what if everyone in the nation, rich and poor, were to be mailed a $2,000 food card annually, redeemable at the grocery store for any of several hundred nutritious foods?
The amortization of the home and colonial debts was suppressed, and the redeemable debts of both classes were converted into 4% internal consols.
Points are redeemable for small appliances, gift cards and other items.
The bonds are redeemable in 99 years by annual drawings, and are entitled to an addition of 5% per annum when drawn.
Additionally, most cards come with reward systems, including cash back, miles or points redeemable for office supplies, gifts or small appliances.