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Tag Archives: National Debt
Balancing the Federal Budget
April 2013, After Tax Time: “I believe that banking institutions are more dangerous to our liberties than standing armies.” Thomas Jefferson Consider that the government must make payments of interest and principal of the debt. That money must come from … Continue reading
Posted in Economics, Federal Budget, money, trade
Tagged Banking, Debt Crisis, Economics, government, Government Debt, National Debt, recessions
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Paying the National Debt
Paying the National debt. At this time the Federal Debt is over $16 trillion; the money supply (M2) is at this time $8.6 trillion. M2 is the total supply of money in circulation (currency-paper money and coins), plus all demand … Continue reading
Posted in Economics, money
Tagged Economics, government, money Debt, Money Supply, National Debt
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