The Liquidation Of Government Debt
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Google books | books.google.com |
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Originally published | 2011 |
Authors | M. Belen Sbrancia |
Carmen Reinhart | |
Date of Reg. | |
Date of Upd. | |
ID | 2450844 |
About The Liquidation Of Government Debt
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. . . .