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Printing bonds has the advantage over printing Greenbacks that bonds have lower liquidity, which means that they take part in fewer transactions and therefore cause less inflation than fully liquid forms of money.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jun 6th, 2010 at 12:33:19 PM EST
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