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The National Deb(i)T

The National Deb(i)T

Автор: Edward J. Delzio, 68 стр., издатель: "Книга по Требованию", ISBN: 9781457528170

For centuries, civilization believed that in our solar system the sun revolved around the earth, that it was pulled by earth's gravity, and that our universe was limited to within The Firmament. This was proved wrong in modern times. Today it is believed that in our monetary system the US federal government revolves around us, that it is pulled or financed by taxes and by borrowing, and that federal government spending is limited to within a Debt Ceiling. This is proved wrong in Modern Monetary Theory. Like many things, when it comes to finance, just as important as your diversity in investments, so should be your diversity in thought. This book gives you a different way to think about our National Debt and US Treasury bonds, or more specifically, a way you should not think about them. Edward J. Delzio was born and raised in northern New Jersey. After graduating from Wilkes College in 1983, he began entry-level work on Wall Street for RMJ Securities, a US Treasury...
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