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The US government paying off the national debt by borrowing more money, and/or printing more US bonds and selling them. This is an over simplification, but when these existing US bonds come due, the US government redeems these bonds with US dollars that are raised by selling more freshly printed new...
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Hello, I am in the middle of a rather verbose 'conversation' with an aquaintance, and his most recent response to me contained the following paragraph: Evidently you have fallen victim to recent propaganda about the Community Reinvestment Act. The CRA actually restrained subprime lending. I urge...