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Planet Money
Planet Money

The U.S. economy's biggest superpower, explained

Dec 11, 2023 · 13m
AI Summary
  • U.S. Treasury market represents America's economic superpower, allowing the government to borrow cheaply for nearly any purpose
  • Yesha Yadav explains how Treasuries function and why the market supporting them may be more fragile than commonly understood
  • Episode explores vulnerabilities in the system underpinning U.S. financial dominance and government borrowing capacity

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