The $13 Trillion Question : Managing the U.S. Government's Debt

Brookings Institution Press 2015 135pp. Everyone talks about the size of the U.S. national debt: now at $13 trillion and climbing, but few talk about how the U.S. Treasury does the borrowing—even though it is one of the world’s largest borrowers. Everyone from bond traders to the home-buying public is affected by the Treasury’s decisions about whether to borrow short or long term and what types of bonds to sell to investors. What is the best way for the Treasury to finance the government’s huge debt? Harvard’s Robin Greenwood, Sam Hanson,......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/1VAKSI5
via IFTTT