War Bonds

戦時公債 ／ war bond　—　Institutions

A loan from the people to finance war expenses. Another tap alongside the printing of more money.

Government bonds issued to borrow from the people to finance war expenses. A source of wartime finance alongside printing more money and increasing taxes, with patriotism serving as the salesperson.

⚠ Depending on whether the currency's value was maintained after the war, these bonds became either savings or worthless paper.