What If Nobody Bought US Treasury Bonds?
Автор: Deficit Owls
Загружено: 2016-10-02
Просмотров: 7423
Описание:
Professor L. Randall Wray answering the question of what would happen if nobody bought US treasury bonds? Would we go bankrupt?! The answer is no. Under current law, special primary dealer banks must buy new issues of treasury bonds, and then they can either keep them, sell them to the public, or sell them to the Federal Reserve. But even if we didn't have our current institutional structure, a currency-issuing government like the United States can always sell its bonds to the central bank. (To understand why this is not inflationary, see here: • MMT: Warren Mosler on why Quantitative Eas... )
Watch the whole video here: • Modern Money & Public Purpose 1: The Histo...
Follow Deficit Owls on Facebook and Twitter:
/ deficitowls
/ deficitowls
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
