What is intragovernmental debt - words
In public finance , intragovernmental holdings also known as intragovernmental debt or intragovernmental obligations are debt obligations that a government owes to its own agencies. These agencies may receive or spend money unevenly throughout the year, or receive it for payout at a future date, as in the case of a pension fund. Lending the excess funds to the government, typically on the accounts of its treasury , enables the government to calculate its net cash requirements over time. A small amount of marketable securities are held by government accounts. This finance -related article is a stub. You can help Wikipedia by expanding it. Intragovernmental holdings. Department of the Treasury, Bureau of the Public Debt. Retrieved March 21, what is intragovernmental debt.
What is intragovernmental debt - really. join
Phillips Hinch is assistant director of government relations for FPA. He holds an M. Economists say it threatens to pull the economy back into recession. On January 1, , the U. You may remember the prequel when Congress extended the and tax cuts the first time, December 17, , days before they were set to expire. That move bought a two-year respite.
For the record, the last time U. The great irony, of course, is that China created the viruswhich may have what is intragovernmental debt intentionally released, and the biggest beneficiary of the impact on the rest of the world was Red China. Oh, and another irony: The second-largest foreign holder of U. The good news at the moment is that the U. Whaat years, I have argued that the only way to reduce the national debt in real dollars is to deflate the cost of that debt by way of inflation.
Is that the big macro-economic plan? But here is what I can tell you, and you can take this to the bank. It turns out that debt accumulation does matter.
The National Debt Clock: A Ticking Time Bomb
The Consumer Price Index, a cross-section measure of inflation on consumer products, rose 0. The immediate impact is being felt in bigger grocery bills. I have personally noted an increase in the incidence of concealing inflation, as producers are putting less product in the same size packaging.
At the moment, a greater peril and more imminent threat to the U. But inflation, Jimmy Carter style, is on our near horizon. You must be logged in to post a comment.
by Phillips Hinch
US Debt Forum Articles. Does anyone actually care?
Follow Mark Alexander on Twitter. Lummis introduces legislation addressing national debt.
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Federal Reserve Chairman Jerome Powell is downplaying record debt levels. These are the 15 countries that hold the most US debt. Leave a Reply Cancel reply You must be logged in to post a comment.]
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