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A bond from the day of purchase to maturity cannot become worthless. Stock on the other hand, can become worthless or at least lose value within minutes after purchase.
We all depend on the money supply in order to keep our economy healthy. By keeping the money supply in control, the Fed can help the interest rates and GDP...
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By playing in the stock market, there are no real definite possibilities. We do not need the national money supply to depend on the possibilities of stocks; we need it to rely on the definite and sure possibilities of government bonds.
References:
O'Sullivan, Arthur and Sheffrin, Steven, M. Economics Principals and Tools ? Fourth Edition...
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