The goal of the government shouldn’t be to balance a budget or reduce deficits or debt. Their goal should be to balance the economy. Take care of the economy by reducing unemployment and improving the living standards of the majority and the deficits and debt takes care of itself. As we ...
There really are two stories to tell. The first is the short term problem of depressed tax revenue brought on by the Great Recession – not runaway spending. The second is the longer term problem of spending increases along with unfunded tax cuts. A look at the following graph shows this ...
The US Treasury yield curve is a visual representation that displays the interest rates of US government bonds based on thelength of time until they mature. By plotting the yields against different maturities, the graph allows individuals to understand the amount of interest the government must pay...
including cancelling some or all of the nearly US$1.1 trillion debt that the United States government owes China. While analysts added that the US was highly unlikely to take the “nuclear option”, the mere fact that the idea has been discussed could well prompt Beijing to...
aCentral banks in most developed nations (e.g. UK, US, Japan and EU) are forbidden by law to buy government debt directly from the government and must instead buy it from the secondary market. 中央银行在多数发达国家(即。 英国、美国、日本和欧共体)是法律禁止的买政府债务直接地从政府,并且必须...
In order to pump liquidity into the economy, the government had to take on more debt itself, which is clear to see in the debt to GDP graph. The government adopted a policy of maintaining a large annual budget deficit in order to keep the economy expanding. This policy can be seen very...
I recently saw a graph showing the U.S. federal debt. When my granddaughter was born in 2009 the debt was $9 trillion (round numbers). Today it stands at around $31 trillion. Because my granddaughter knows how to calculate exponential growth, I gave her the numbers and asked her to ...
This study examines how airlines in the United States report risk at a difficult and uncertain time as a result of the COVID-19 pandemic. The fundamental differences between the years 2019 and 2020 are identified using Leximancer, which is used to locate
US 10 Year Note Bond Yield was 4.51 percent on Tuesday December 31, according to over-the-counter interbank yield quotes for this government bond maturity. US 10 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on Dec
But central banks other than the Federal Reserve are still holding large amounts of US-dollar denominated assets – $6.5 trillion in total – such as US Treasury securities, US government-backed MBS, US corporate bonds, US agency securities, even US stocks (the Swiss ...