The Forgotten Corner of Government Finance: What Savings Bonds Reveal About America's Economic Past Savings bonds have been a cornerstone of American economic policy for nearly a century, with their significance extending far beyond their role as low risk investments.
Introduced by President Franklin D. Roosevelt in 1935, these bonds have played a vital role in financing government programs and shaping the country's financial landscape.
From World War II to funding schools and infrastructure projects, savings bonds have been used to finance various initiatives.