January 15, 2023
With another debt ceiling conflict emerging this week, we.should look back and ahead at how, what, and why the U.S. borrows.
With another debt ceiling conflict emerging this week, we.should look back and ahead at how, what, and why the U.S. borrows.
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While the CBO's (Congressional Budget Office) 2018-2028 report presents federal budget projections, the numbers also reflect the tradeoffs and some tough decisions.
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
In the 2009 transcripts, Federal Reserve humor brings smiles and memories of the dire condition of finance, housing and the GDP.
As the source of monetary policy, the Federal Reserve has to decide if interest rates should rise when inflation is low but a jobs recovery has begun.