#publictreasury — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #publictreasury, aggregated by home.social.
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Federal “debt” is the total of outstanding #Treasury #Securities.
The US government could pay off all its so-called “debt” tomorrow simply by debiting all Treasury-security accounts and crediting the Treasury-Security owners’ checking accounts.
The entire process neither adds nor subtracts money from the economy (but for interest paid).
#obligations #bonds #liquidity #borrowing #debt #money #Treasury #PublicTreasury #currency #MMT #policy #economy #credit #economics #macroEconomics #USPol
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Nobody ever reimburses national debt. Sovereign states restructure it.
#bonds #liquidity #liquidities #securities #borrowing #debt #deficit #money #Treasury #PublicTreasury #currency #MMT #policy #economy #credit #economics #obligations #titles #slogan #macroEconomics #rents #funding #politics