... 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:
Subscribe to:
Post Comments (Atom)
-
I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio... -
JW Mason : "... in retrospect it is clear that we should have been talking about big new public spending programs to boost demand.&quo... -
Bosch season five air date: 18 April. Ten episodes. Four days later, six of the transcripts were already available. A few days later, the ... -
First, this summary of an observation made in 1850, from the Liberty Fund : Frédéric Bastiat, while pondering the nature of war, concluded ... -
In the Google News this morning, "The Fed may have saved the economy by hiking rates for 18 months—and may have guaranteed crisis for...
No comments:
Post a Comment