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If U.S. Stopped Issuing Treasuries, Would It Go Broke?

Nov 20, 2009 - 3:55 AM EST

Edward Harrison submits:

Here’s another interesting piece from Randall Wray, the economics professor from University of Missouri-Kansas City (that same school which employs Bill Black of “The Best Way to Rob a bank is to own one” fame).

Wray has a lot to say - most, but not all, of which I found convincing – but that’s a story for another day.


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Source: Seeking Alpha (Nov 20, 2009 - 3:55 AM EST)



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