We’re confused about bonds in the same way that we’re confused about gender.
A bond is a contract with a specific time interval. You buy it, let the seller use your money for a specific time, and expect a periodic rental fee from the seller. At the end of the fixed time interval you sell it BACK TO THE COMPANY THAT ISSUED IT for the exact price on its face.
Gender is a permanent quality in the genes. You acquire it at conception and hold it until death. You can’t sell it or modify it during the fixed time interval.
We’ve confused bonds with stocks, treating bonds as contracts WITHOUT PERMANENCE, capable of being traded at any time. Even worse, we misvalue bonds. With ordinary products such as cars and houses, the resale value goes up when the product is more useful. A perfectly maintained car, able to provide good service, has a higher value than a junk heap. With “bonds” we reverse the value. Bonds that pay the highest interest are junk, and zero or negative interest bonds (undrivable cars) have the highest value.
We’ve done the same with gender, treating it as a contract WITHOUT PERMANENCE, capable of being traded at any time. Even worse, we misvalue gender. The most temporary and trans-parently trans-ient “genders” have total control of the culture, destined to win every game and contest.
