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Book Synopsis
Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? This is an historical analysis of public debt ownership in the US.

Public Debt Inequality and Power The Making of a

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    A Paperback / softback by Sandy Brian Hager

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      Publisher: University of California Press
      Publication Date: Publication Date: 24/06/2016
      ISBN13: 9780520284661, 978-0520284661
      ISBN10: 0520284666

      Description

      Book Synopsis
      Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? This is an historical analysis of public debt ownership in the US.

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