It is not difficult to determine a dollar figure for Total U.S. Public Debt. In fact you have to round UP from the Treasury’s Debt to the Penny and Who Holds it web application which tracks that number daily. As of end of business Thursday that total was $17,472,051,696,926.14. Which is a lot of money […]

A note from Wonkblog For anybody who cares about how the country ended up in this precarious economic state, a very big day is coming soon, as information that has been under lock and key for the past five years will be shared with the world.  The Federal Reserve keeps transcripts of its meetings to […]

by Mike Kimel The other day Ben Bernanke gave a speech in which he asked and answered five questions about the Fed: 1. What are the Fed’s objectives, and how is it trying to meet them?2. What’s the relationship between the Fed’s monetary policy and thefiscal decisions of the Administration and the Congress?3. What is the […]