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Financing the Federal Debt

Posted by William C. Prewitt, M.S., CFP® on 4 December 2009 | 0 Comments

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The United States government is financing its more than trillion dollar a year borrowing with IOUs on terms that seem too good to be true. The New York Times article, Payback Time; Wave of Debt Pyaments Facing US Government, takes a deeper look at the situation.


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