How important is it to address our national debt? – with Paul Ryan and Barry Eichengreen
You Might Be Right
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Can We Bond Our Debt?
Paul: You will bond finance the boomer generation. The question is, can you put in reforms today that apply to people before they retire with important changes to these programs? Paul: We're kind of playing with fire with respect to preserving the dollar as the world's reserve currency. And we could go to a multipolar currency world where a basket of currencies, yen, euro, one crypto different CDBCs could replace and displace the dollars.
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