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View Diary: Ezra Is Terrified Because of His Framing (35 comments)

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  •  Why would the markets (0+ / 0-)

    become concerned about the Treasury rapidly paying back most of the debt as it falls due and not issuing new debt?

    Why would they conclude from such a payback that the US was not a stable place to put their money?

    And finally, why do we need their money since the $60 T coin will prove the truth, namely that the Treasury can produce all the money we will ever need, regardless of whether foreign nations want to place their money here?

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