I can halfway understand the "confusion purchases" during the period when the low inflation rate hid that the fixed rate of the I-bond was actually a better deal. But right now even an ING account beats EE Bonds after tax! (And ING isn't beating much lately.)

Perhaps the high EE sales are due to automated payday purchases set years ago that people didn't bother to change?

Or maybe the masses are just too scared of math to fix there eyes on that I-bond formula for any longer than it takes to blink a few times and then return to the short paragraph explaining EE bonds, lol…