That is, to monetize our debt? Economist Dean Baker on CounterPunch is writing that Paul is advocating the Federal Reserve monetize U.S. debt. Regardless of Paulâs specific intent or Bakerâs interpretation of his intent, this is a position we have advocated since this crisis started. Something that would completely throw off all of the histrionics by ideologues who believe the only way out of this mess is to see a debt collapse.
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