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05-12-2003, 01:17 AM
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#7 |
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dripping with ignorance
Join Date: Oct 2002
Location: Grand Forks ND
Posts: 642
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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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