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anthonyjevans.com | ||
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en.mercopress.com
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| | | | | Moody's Ratings decision last week to lower the US credit rating to Aa1 from Aaa, (the highest investment-grade position) triggered strong reactions and criticisms from President Donald Trump and his political advisor. | |
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blairbellecurve.com
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| | | | | The size of the U.S. national debt is getting a lot of attention lately, and for good reason. Deficit spending through the COVID pandemic was enormous, pushing the total outstanding debt to a staggering $31 Trillion, with a T. A better way to measure the size of the debt is as a percentage of our... | |
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larspsyll.wordpress.com
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| | | | | . A government issuing debt in its own currency can always technically meet its obligations - by creating money to pay off that debt. The real constraint on government spending isn't the debt level, but inflation. Central to the Keynesian-influenced view on debt is the fundamental difference between private and public debt. Conflating the one... | |
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www.greshm.org
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| | | Let's conduct a thought experiment. Imagine that the government is a black box whose internal workings are completely opaque to us. We know that this black box can add money to the economy through spending or remove money from the economy through taxation. But we have no idea why the government is administering fiscal policy (spending and taxing) the way it is. This thought experiment allows us to consider the effects of fiscal policy without becoming distracted by its underlying politics. | ||