3 ms·
perhaps not directly, but you have to have some debt to back all the us t-bills that you are printing to make your int'l balance of payments seem credible and p
by cat199 9y ago
perhaps not directly, but you have to have some debt to back all the us t-bills that you are printing to make your int'l balance of payments seem credible and prevent the dollar from collapsing..
see also: freddie mac / high tuition / yadda