A $13 trillion debt bill comes due for big economies

Bloomberg/Anchalee Worrachate

Repost from 1-6-2021

graphic illustration of a money printing machine“The Federal Reserve is on pace to buy nearly half the $2 trillion of net supply TD Securities expects the U.S. government debt to issue this year.”

USAGOLD note: Some call it quantitative easing. Others call it printing money. This article delves into the ramifications of the sovereign debt problem in the general and the U.S. national debt problem in particular – at the link.

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