"What was different about the Irish approach was that all deposits were guaranteed and bondholders,investors that had bought bonds in these banks, also received the government guarantee.
VOA: special.2010.11.26
Rohner claims that Augusta told him Medicare would cover the patients' bills, so it was as if the governmentguaranteed the bonds.
Conservative investors can fight against inflation by considering Treasury-Inflation Protected Securities, or TIPS. These federal governmentbonds are guaranteed to keep pace with the government -calculated Consumer Price Index.