Added: 1 year ago
From: AlexMerced
Views: 5,914
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  • However, in the past when we used to sell bonds primarily to Americans we were no less well off. We paid the money back to ourselves. It is when you sell bonds to those outside the United States that you are less well off as a country through the sale of bonds and you transfer wealth out of the country.

  • I had no idea what he was talking about until he used the pizza analogy.

  • was well worth the time for me Man. thanks!!

  • Very well done. I've tried to understand this stuff for a while and you explained quite well.

  • Thanks for this video!

  • good one!

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