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@ran21 Correct. It is not interest but is treated that way for tax purposes.

@otherpsychotichalf Ok. I get your point. I think it is not interest, something else different is interest and that the fact that it can accrue to a zero interest bond makes it not interest. But we can disagree. I think we’ve taken this as far as it can go.

@otherpsychotichalf Yes. Agree. But think it is you that is playing the semantic game. It is a zero interest bond and there is zero interest, regardless of how it is treated for tax purposes. The comment I was responding you said “The fuk are you talking about? You're the one who got the...

@ingeborg I think we agree then. It is wrong but easier to understand. Now the next question is do the want a correct and or an easy one.

@ingeborg OP is right about the interest. It is a zero interest bond. The gain did not come from interest

@daniellea How much of the current wave of inflation do you think is driven by climate change policies? I would guess quite a bit, particularly across resource intensive industries