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The purpose of government debt…

…finance… “the purpose of government debt is not to fund government spending. It is to provide safe assets.” Therefore, governments whose debt is regarded as a safe asset must operate…

Debt watch

…public debt was $6.19 Trillion This week, public debt was $6.25 Trillion Last week, public debt/GDP was 43.32% This week, public debt/GDP was 43.73% Last week, public debt per person…