By: ikkyu2
I am! And so is everyone else who owns U.S. Savings Bonds! I think I may be about 50 years or so out of date, but I'm proud that I "took stock in America."
View ArticleBy: milkrate
If you are wondering who is giving the government money in the first place, the Treasury holds auctions for debt. Investors - commercial banks, mutual funds, individual investors, etc - place bids for...
View ArticleBy: trharlan
Those are the agencies that are doing the borrowing. Well, they do their own financing, too (DirectNotes)-- but I nonetheless answered a question other than the one that was asked. mr_roboto's...
View ArticleBy: mr_roboto
Probably the treasury, but don't forget that some agencies (TVA, FHLB, for example) do their own financing. Those are the agencies that are doing the borrowing. Loquax describes the lenders well. His...
View ArticleBy: loquax
If I get your meaning, people refuse to buy US debt all the time. At least, until the interest offered on that debt is high enough to be worth the risk that the principle will not be paid back while...
View ArticleBy: trharlan
what entity is doing the lending? Probably the treasury, but don't forget that some agencies (TVA, FHLB, for example) do their own financing. In fact, the S&L Bailout bonds were called REFCO bonds,...
View ArticleBy: loquax
Here's the relevant text: Government bonds are part of the national debt, as are loans from banks, and Treasury securities. The debt also includes unfunded liabilities like pension plan payments and,...
View ArticleBy: loquax
Check out this wikipedia article, particularly the section titled "What the debt includes".
View ArticleQuestion: Who does the US Government borrow money from?
ForgottenEconLessonsFilter - When the US Gov't says that they are going to borrow more money to fund an initiative, what entity is doing the lending? What is there to keep them from refusing?
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