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Too Embarrassed to Ask: what is a sovereign bond?

Duration: 02:28Views: 3.8KLikes: 115Date Created: Jun, 2021

Channel: MoneyWeek

Category: News & Politics

Tags: yt:cc=oninvestingfinance

Description: Government spending often exceeds the amount of tax raised in any given year, and the government plugs the gap by borrowing the money. But unlike you or me, the government doesn’t go to the bank to borrow – so where does the money come from?

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