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Why the Growing Level of US Debt May Not Be Inflationary

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WHERE MY INFLATION AT?
"Unlike most other economies, there appears to be a huge worldwide demand for U.S. Treasuries and U.S. dollars (which can be thought of as zero-interest Treasuries). A large scale increase in the supply of these government debt instruments need not lead to a depreciate in their value if there is a correspondingly large scale increase in the worldwide demand for these objects."
SOURCE:   Macromania

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