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America owes $38.5 trillion in debt, but who actually holds the IOUs?
America's red ink is no longer an abstraction. The federal tab has climbed to roughly $38.5 trillion, a figure so large it is ...
In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...
High debt levels and potential fiscal dominance could lead to lower interest rates, benefiting assets like BTC and gold.
In a recent lecture titled “The Fiscal Future,” Professor N. Gregory Mankiw of Harvard University laid out the following future scenarios as our federal debt explodes. The national government can ...
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