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Non-members can purchase articles at the NABE Document Store online. If economic policymakers behave prudently, the good times in the U.S. can roll on for several more years. The future, however, is likely to be very different from the past, as the expansion s momentum shifts from Wall Street to Main Street. The U.S. Treasury debt may soon be paid off. If and when Treasury debt is paid off, the loss of Treasuries in these roles means that securities markets will shrink, while banking-type intermediaries gain.