U.S. federal debt held by the public as a percentage of Gross Domestic Product
...... the U.S. Government Never, Ever Has to Pay Back All Its Debt" The Atlantic, ...
May 15, 2013 ... To add insult to injury, despite all the red ink, federal profligacy has ... The heavy
taxes they will be asked to pay for today's deficit .... Find out the real causes of the
financial crisis and take back the ... As Adam Smith noted in The Wealth of
Nations, no government in history ever has paid off its public de...
The United States government has to roll over all of its debt to the general public
... trillion of new money will be released into the economy to buy back the bonds.
... Therefore, the Federal government will never again be able to borrow money
to ... Federal securities have been traded as part of the money supply ever since
Sep 10, 2012 ... The false fear of which I speak is the chance of US debt default. There ... “The
United States can pay any debt it has because we can always print money to do
that. ... All U.S. government debt is denominated in U.S. dollar assets. ... the U.S.
government can never become insolvent, i.e., unable to pay its bills.
Oct 20, 2011 ... Planet Money has obtained a secret government report outlining ... The
possibility that the U.S. government might pay off its entire debt. ... If the U.S. paid
off its debt there would be no more U.S. Treasury ... our central bank — buys and
sells Treasury bonds all the time, in an ... So it was never published.
Feb 9, 2015 ... Since the European debt crisis first flared in 2010, Greece has been held out as
an ... Perhaps worst of all, government statisticians cooked the books to cover it
up. ... And while it's often said that the US has never defaulted on its ... The fact is,
governments never really pay back all the money they borrow, ...
Sep 7, 2012 ... The US government has overspent your money – not by $1 trillion, not ... Few of
us will see even a million dollars all at once in our lifetimes. ... And no human
being, in the history of the world has ever amassed a trillion dollars. ... We cannot
waste our future by never being able to pay back this insane debt.
Oct 9, 2013 ... 30 the federal government's total debt stood at $16.74 trillion, according ... This
includes ALL federal employees, retirees, VA, all social security ... Next,
corporations pay 10% of the income taxes in the U.S. GE makes 65% of its profits
... our gov't has been on will never allow the national debt to be lowere...
May 23, 2013 ... From Yahoo Finance: America's debt now tops $16 trillion, and the meter never
stops running. The national debt increases by about $35 ... So… where did all of
this debt come from? It is the amount of money the U-S government has
borrowed to pay its bills. It exists because the government's expenses ...
Dec 13, 2014 ... Yes, the US Government can Afford its Debt and Manage Rising Rates ... How is
the (national) debt going to ever be paid down? Actually, the debt will NEVER get
paid down. Saying that the govt has to “pay back its debt” is like saying that the
private ... How are we going to fund all the social spending?