Knowing that the trillions spent on pandemic relief will accelerate the growth of the federal debt, we can ask where we will get money.
Billions of dollars of pandemic rescue money was added to state revenue dollars that varied in size and source from place to place.
Looking back at the Japanese economy and ahead at the United States, we can ask if we will have similar fiscal and monetary results.
Trying to compare the incomparable, we sometimes say it’s like apples and oranges because they are so different. It turns out that they aren’t that different but they’re not really similar either: The same is true for the Covid-19…
Hearing about a multi-trillion dollar stimulus package, we should also know six handy facts about what will happen to the federal debt.
When an emerging markets nation like Argentina has a vulnerable economy, then the pandemic lockdown can create a sovereign debt default.