The public policy blog of the American Enterprise Institute

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Discussion: (1 comment)

  1. Benjamin Cole

    Lots of good commentary…what a strange world…the Fed could own half of US debt? And roll over on it permanently—or for so long it will be in the next lifetime before it is sold back to the public?

    Do AEI scholars know what they had just said?

    They have just said the Fed monetized one-half of USA national debt without inflationary consequences…a huge boon for taxpayers…call John Cochrane and tell him can sleep now…

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