TLDR
Zoltan Pozsar is an expert on global macroeconomic affairs. He says the state can take everything from its citizens when it needs to finance a war. War bonds convert citizens into ‘investors’ in the war effort, he says. The state gets money right away, and will pay it back in years if the war is won.via the TL;DR App
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Written by anton-dzyatkovskii | CEO and co-founder of Platinum Software Development Company. Blockchain enthusiast, blogger.