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Comment by Spooky23

6 months ago

Municipal bonds are the cheapest capital available anywhere.

1 comment

Spooky23

Reply

danielmarkbruce  6 months ago

Yup, they are low cost. But not zero. The money is still owed, too. The bondholders are not going to just let the public take the asset back because people have been paying for the service all these years.

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