Are we passing the national debt burden on to our children?
What will be an ideal response?
One side of this argument is that the debt is mostly internal, so financing the debt only involves exchanging old bonds for new bonds among U.S. citizens. The burden of the debt falls only on the current generation when the trade-off between public-sector goods and private-sector goods along the production possibilities curve occurs. The counter-argument is that there is a sizable external debt that transfers purchasing power to foreigners.
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The most popular floating rate in swaps is
A) LIBOR. B) the Treasury note rate. C) the prime rate. D) the six-month Treasury bill rate.
Exchange rates and banking systems are often the variables through which the contagion effects of a crisis are spread from one country to another
Indicate whether the statement is true or false