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Sovereign credit is the credit of a sovereign country backed by the financial resources of that state. Sovereign credit is the opposite of sovereign debt. Fiat money is sovereign credit and sovereign bonds are sovereign debts. When money buys bonds, sovereign credit cancels sovereign debt.

Contents

• See also
• References
• External links

See also

• Sovereignty
• Debt
• Government debt

References

External links

• Liberating Sovereign Credit for Domestic Development

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