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James K Galbraith : In Defense of Deficits

3 点作者 d4rt大约 15 年前

1 comment

d4rt大约 15 年前
I submitted this because it's a different viewpoint to those I've seen previously.<p>The point that countries with debt denominated in their own currencies are in a stronger position than others is valid, but I question the assertion that if inflation becomes the order of the day that there will always be buyers for sovereign debt.