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Does it have to be future US productivity? Or because dollars are the global reserve currency, can it be future productivity of a nation that buys US treasuries
by afarrell 8y ago
Does it have to be future US productivity? Or because dollars are the global reserve currency, can it be future productivity of a nation that buys US treasuries?
- lisper 8y agoPretty much, because that's the only productivity that the U.S. government can effectively tax.