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Show Notes
A history of two destroyed currencies might well have precluded Israel from selling its own shekel bonds. So, back at the turn of the 21st century, it seems to have invented a counterfeiting scheme to sell U.S. bonds to Americans. It now issues bonds in America, payable in dollars, not shekels. This is a follow-up story to Chuck Carlson's ground breaking story, "Devaluation Risk of Shekel Bonds."