View Single Post
Old 25-03-2013, 02:08
skp20040
Forum Member
 
Join Date: Dec 2004
Location: Central London
Posts: 34,259
And it's very different from War Bonds.
The purpose was the same the only difference was the bonds had a fixed term and the savings scheme did not , in WW2 the USA issued War Bonds ( or if you couldn't afford a full bond then savings stamps towards one) these could be cashed in at a later date with profit and the money during that time was used to fund the military.

The UK used the National Savings Movement, you put your money into savings on which you would earn interest and the money saved ( or lent as they advertised it ) was used to fund the military.
skp20040 is online now Follow this poster on Twitter   Reply With Quote