3 years ago

How did speculators profit when the government paid its debt?

1 answer:

8 0

Speculators had bought bonds from the original buyers for less than they were worth. If the government paid its debt, speculators would make a profit. <span>Speculators had bought bonds from the original buyers for less than they were worth. If the government paid its debt, speculators would make a profit.</span>

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