Take 5 min 30 sec for this @wbmosler masterclass in how to answer the question about bond vigilantes. "The government doesn't have to sell bonds." "We're not on a gold standard." "There is no imperative." youtube.com/watch?v=1PzQz3…
Starts 1:02:30 and runs through 1:08:00 pic.twitter.com/GGbw1DOrfJ |
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