A drastic solution to exploding US government debt
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Concerns and Potential of Yield Curve Control
This chapter explores the concept of yield curve control in the US, discussing its historical usage and potential application in the current fiscal deficits. It addresses concerns over the growing US government debt and deficits and the potential consequences of a big increase in long-term treasury yields. The chapter also emphasizes the need for political control over government spending and highlights the negative impact of yield curve control on Japanese households.
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