... you should always look at the total debt, not just the debt owed to the public. That's because all federal debt is eventually owed to the public. That's why Intra-governmental Holdings should be counted in the U.S. debt-to-GDP ratio.From: Debt-to-GDP Ratio, Its Formula, and How to Use It
Thursday, February 14, 2019
Intra-governmental holdings
I don't often agree with Kimberly Amadeo, but on this I do:
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio... -
Mark Thoma links to the Kansas City Fed's Nominal Wage Rigidities and the Future Path of Wage Growth by José Mustre-del-Río and Emily ... -
JW Mason : "... in retrospect it is clear that we should have been talking about big new public spending programs to boost demand.... -
It is surely true that the price level cannot rise without a corresponding increase in the quantity of money or velocity or use of credit. ...
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Went to Harbor Freight the other day. When I left, there was so much traffic I had to fight my way out of the parking lot -- at one p.m. on ...
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