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> Can you imagine if each state had to emit it's own bonds, lol states actually do emit bonds, as do counties and even cities
by kova12 5y ago
> Can you imagine if each state had to emit it's own bonds, lol
states actually do emit bonds, as do counties and even cities
- andrepd 5y agoYes, but the federal government is vastly larger than the states, and it gets financed via nation-level bonds.