Public Debt, Inequality, and Power

Author : Sandy Brian Hager

Paperback

Published : Friday 24 June 2016

ISBN : 9780520284661

Price : €35.10

Description

Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? This is an historical analysis of public debt ownership in the US.

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