The impact of government debt retirement depends on who holds the debt securities the government retires.

Name: The impact of government debt retirement depends on who holds the debt securities the government retires.
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When the government retires debt, the impact varies depending on whether the debt is held domestically or internationally, by the public or by government entities. The effects can differ in terms of interest rates, domestic investment, and currency value.

The Impact of Government Debt Retirement Depends on Who Holds