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Old 10-26-2016, 04:56 PM   #11
Happy Monkey
I think this line's mostly filler.
 
Join Date: Jan 2003
Location: DC
Posts: 13,575
Quote:
Originally Posted by Gravdigr View Post
Could someone take a look at this article and tell me if it's correct, close-to-correct, or, bullshit?
I'd say it's pretty close to correct. Calling treasury bonds debt is akin to calling bank accounts "debts" of the bank. Which is technically true, but usually meaningless. Unless there's a run on the bank, like in "It's a Wonderful Life", and everyone calls in the debt at once.
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