/biz/ - Business & Finance

can anyone explain, in the simplest retard proof way possible, exactly what the fuck a bond is and why does it matter? ive never understood the fed, bonds, whatever the fuck else occurs it all just seems painfully retarded when the system of money should be as simple as something like gold scarce ect instead of this whimsical mystical magical interest rate bonds federal magical reserve of tweekorinow fiat currencies, isn't money as simple as value exchange? simple problem simple solution gold simple as