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Cover of The $13 trillion question

The $13 trillion question

by David Wessel

Public DebtsMonetary policyPublic FinanceFiscal policyFinance, public, united statesDebts, public, united statesMonetary policy, united states

" This book argues that the Treasury could save taxpayers money and help the economy by borrowing more short term and less long term .It is also argues that the Treasury and the Federal; Reserve made a huge mistake in recent years by rowing in opposite directions: while the fed was buying long-term bonds to push investors into other assets, the Treasury was doing the opposite - selling investors more long-term bonds. Each chapter includes responses from a variety of public and private sector experts on how the Treasury does its borrowing." -- back of book

Writing a summary for young readers…

For young readers

Book data: Open Library