11:373:101 Lecture Notes - Lecture 19: National Debt Of The United States, Federal Funds Rate
18 Jul 2017
School
Department
Course
Professor
Document Summary
Topic 17 federal budget and national debt. Federal funds rate the fed"s interest rate. Prof. gottlieb promises to pay holder of this bond . 00 in the middle of class on thursday. Relationship between annual government budgets and national debt. Financial effects servicing the national debt. Real effects impact on future ability to consumer. Budget deficits / surpluses stock concept. Blue line below red line budget deficit. Maybe the number isn"t so scary after all. The most commonly reported debt statistic includes money that the federal government owes itself. Most of rest of the u. s. national debt is owed to u. s. citizens. When looking at time trend for debt, make sure to adjust for inflation! Best summary measure is debt as % of gdp. Next spike from recession due to fiscal response. Our debt today is worrisome today same as cold war levels. Japan has a debt of over 2% of its gdp (cid:1445)rolling over the debt(cid:1446)
