  

"As the U.S. federal government runs deficits over years and decades, they add to the total outstanding debt. That's the stock of debt the U.S. federal government owes to lenders, on which they pay interest. When some of their bonds mature, they issue new ones to help pay off the old ones."

What a never-ending cycle...
A great evil...

Akg10s3

Have they always republished her newsletter?

k00b

RideandSmile

econ

This newsletter issue analyzes three common misconceptions about the US federal debt and deficits.
The ongoing nature of the deficits has several investment implications, but along the way it’s important to not get distracted by things that don’t add up.

-Fiscal Debt and Deficits 101

-Misconception 1) We Owe it to Ourselves

-Misconception 2) People Have Been Saying This for Decades

-Misconception 3) The Dollar Will Collapse Soon

-Final Thoughts: Bitcoin Checkup