- published: 29 Aug 2013
- views: 2244
The national debt of the United States is the amount owed by the federal government of the United States. The measure of the public debt is the value of the outstanding Treasury securities at a point of time that have been issued by the Treasury and other federal government agencies. There are two components of gross national debt:
In general, government debt increases as a result of government spending, and decreases from tax or other receipts, both of which fluctuate during the course of a fiscal year. In practice, Treasury securities are not issued or redeemed on a day-by-day basis, and may also be issued or redeemed as part of the federal government's macroeconomic monetary management operations. The aggregate, gross amount that Treasury can borrow is limited by the United States debt ceiling.
Government debt (also known as public debt, national debt and sovereign debt) is the debt owed by a central government. (In federal states, "government debt" may also refer to the debt of a state or provincial, municipal or local government.) By contrast, the annual "government deficit" refers to the difference between government receipts and spending in a single year, that is, the increase of debt over a particular year.
Government debt is one method of financing government operations, but it is not the only method. Governments can also create money to monetize their debts, thereby removing the need to pay interest. But this practice simply reduces government interest costs rather than truly canceling government debt, and can result in hyperinflation if used unsparingly.
Governments usually borrow by issuing securities, government bonds and bills. Less creditworthy countries sometimes borrow directly from a supranational organization (e.g. the World Bank) or international financial institutions.
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Influence flows away Foreign ownership of America's debt erodes the Fed's control over market interest rates. For more video content from The Economist visit our website: http://econ.st/1dI2qN1
Daily Voice News - Economic Collapse http://dailyvoicenews.com U.S. Monetary Collapse: Will It Occur? The constant realistic of the U.S. Obligation Clock going ever more elevated is recognizable to numerous. Where is the cash going? Is a U.S. financial breakdown coming? A trillion dollars is outside the ability to comprehend of conventional individuals. What is a trillion dollars? A trillion dollars breaks even with $1,000,000,000,000. That is a 1 with 12 zeroes to one side of the decimal point. A trillion is a million millions. As of this written work, the U.S. obligation is moving toward $16 trillion. This sums to over $50,000 of obligation for each national. How did one of the wealthiest countries in current history turn out to be so obligated? A percentage of the biggest regions o...
In which John discusses the US national debt, the federal budget deficit, plans for shrinking or eliminating the deficit, and tries to provide some context to the political rhetoric and statistics that are constantly thrown around in an election season. Along the way, I hope you'll understand why the United States' sovereign debt hasn't led us to an economic crisis, but also why budget deficits need to shrink in order to ensure that credit remains inexpensive and the US continues to enjoy the trust of the world economy. (Friendly reminder: Educational videos, by extensive precedent, are allowed to be longer than 4:00.) Here's why I think the gold standard is a bad idea: 1. By restricting money supply to the supply of gold, you risk shrinking the money supply just because of a shock leadin...
David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, helps you understand both the short-term and the long-term picture of the federal debt.
James Galbraith speaks about the debt ceiling, the misunderstanding of public debt, and the deficit of knowledge in Congress! Excerpt from: The Public Debt Deceit with James Galbraith https://www.youtube.com/watch?v=kQ9AXIGFGbQ
Debt Crisis in United States of America, A Simplified way of understanding the whole scenario of the debt crisis, the inevitable collapse of the american Economy. A must watch simple explanation video for understanding the scenario of US Economy, inflation, stagflation, recession etc. for all those who are considering to shift their jobs and businesses to US in coming future, Sorry for the outdated data figures in the video but it will give you a straight and simple idea about the thing. Debt Crisis: http://en.wikipedia.org/wiki/Debt_crisis US Debt Crisis 2013: http://en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2013 US debt crisis 2011: http://en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2011 Stagflation: http://en.wikipedia.org/wiki/Stagflation Some Fea...
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In this video you will learn: - why foreign ownership of US debt is not more of a concern than domestic ownership in terms of ability to pay. - why China and other countries don't have an interest in dumping their dollar and treasuries holdings - why the US does not borrow from China because China does not create the US dollar - that the trade deficit of the US is the normal result of the US being the international reserve currency
In which John discusses the U.S. public debt, our dangerously high debt to GDP ratio, the S&P;'s downgrade of America's credit rating, and why our debt may not be as unmanageable as it seems. There's also some general discussion of economics, currency, the gold standard, and the worldwide financial system's dependence of the American dollar. HERE ARE A LOT OF LINKS TO NERDFIGHTASTIC THINGS: Shirts and Stuff: http://dftba.com/artist/30/Vlogbrothers Hank's Music: http://dftba.com/artist/15/Hank-Green John's Books: http://amzn.to/j3LYqo ====================== Hank's Twitter: http://www.twitter.com/hankgreen Hank's Facebook: http://www.facebook.com/hankimon Hank's tumblr: http://edwardspoonhands.tumblr.com John's Twitter: http://www.twitter.com/realjohngreen John's Facebook: http://www.fa...
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Slower revenue growth and large spending will expand the US budget deficit to $590 billion in the fiscal year ending September 30, according to the Congressional Budget Office (CBO).
CHECKPOINT 1st November 2015 Public debt up by 60 percent in 30 months Watch KTN Live http://www.ktnkenya.tv/live Watch KTN News http://www.ktnnews.com Follow us on http://www.twitter.com/ktnkenya Like us on http://www.facebook.com/ktnkenya