Episode 298: How do Treasury Bills Work?
People spend a lot of time talking about the debt and deficit, but most are unaware of the mechanics involved. This week, we cover some of those mechanics with a discussion of Treasury notes, bills, and bonds.
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Quick Hits
https://www.politico.com/news/2022/10/21/tax-revenue-spending-budget-deficit-drop-deficit-00062923…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.