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VelcroSea t1_jc45c12 wrote

The devil.is in the details. Research 'assets' these are basically non interest bearing notes to the US government with no guarantees. This is part of what funds deficit government spending each year

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ktxhopem3276 t1_jc4fpw8 wrote

They are a small part of the overall national debt . Not sure what you mean by not guaranteed but as the law stands they are.

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