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Chapter 6 indicates that trillions of dollars worth of treasury securities are in the markets today. Although the market is very liquid and the U.S.
Chapter 6 indicates that trillions of dollars worth of treasury securities are in the markets today. Although the market is very liquid and the U.S. Treasury has never defaulted, politicians debate the issue of a balanced budget. Given the size of the public debt, is there cause for concern for future generations?
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