Restructuring, Default & Debt Reduction

Seth Ackerman sackerman at
Fri May 18 13:49:30 PDT 2001

Brad DeLong wrote:

> $500 billion? (They not only have to have enough, they have to have
> so much that everyone is sure they have enough.)
. How do you know Meltzer wouldn't support giving the IMF $500 billion in exchange for turning it into a simple lender of last resort?


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