Thread: U.S. Debt
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Old 05-12-2003, 01:17 AM   #7
Cam
dripping with ignorance
 
Join Date: Oct 2002
Location: Grand Forks ND
Posts: 642
Well from what I learned in my economics class there are two ways the government can borrow money to finance the budget deficit.

1. Selling bonds to the public

2. Selling bonds to the Fed

We never discussed who holds the public bonds.
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