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  • The economics of the US debt ceiling debate

    From brookings.edu

    Once again Congressional debt ceiling debates have markets, the media, and the public concerned about the ability of the U.S. to pay its bills on time. Economists at Brookings have explored various aspects of this debate—the origins, the impact, and the consequences. Explore recent explainers, analysis, and testimony below. What is the federal debt ceiling? The origins of the debt limit date back to World War I, when Congress ended the practice of approving every Treasury bond issue individually and allowed the sale of Liberty Bonds up to a specified amount to help finance the war. As The Hutchins Center on Fiscal ... (full story)

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  • May 26, 2023 11:36am May 26, 2023 11:36am
  •  Ferna
  • Joined Dec 2022 | Status: Member | 131 Comments
Let’s issue a new digital currency, then all debts in the old currency will be useless - as well as all assets.
We need a great reset(of debt, and ownership)

Its for your security and best interest.
Memories is all that remains…
 
 
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    Fed’s Mester: PCE Infaltion Data Underscored Slow Progress on Inflation

    From @sevenloI|May 26, 2023|2 comments

    tweet at 11:10am: Fed’s Mester: PCE Infaltion Data Underscored Slow Progress on Inflation tweet at 11:10am: Fed’s Mester: Fed Has Made Slow Progress on Inflation, It’s ‘Concerning’ tweet at 11:10am: Fed’s Mester: Tighter MonPol Still Feeding Into Economy tweet at 11:11am: FED'S MESTER: I MAY HAVE TO REVISE UP INFLATION FORECAST FOR FED FORECASTS tweet at 11:12am: Fed’s Mester: Everything is on the Table for June FOMC

    A measure of US inflation that is closely tracked by the Federal Reserve increased in April

    From apnews.com|May 26, 2023|4 comments

    A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high. The index, which the Federal ...

    McCarthy: Made Progress Last Night on Debt Ceiling

    From @sevenloI|May 26, 2023|1 comment

    tweet at 10:33am: McCarthy: Made Progress Last Night on Debt Ceiling tweet at 10:35am: HOUSE REP. SPEAKER MCCARTHY: TALKS COME DOWN TO ONE THING AND THAT'S SPENDING. tweet at 10:38am: McCarthy: This is Just the Start Generally on Spending tweet at 10:43am: HOUSE REP. SPEAKER MCCARTHY: TALKS ALSO MADE PROGRESS THIS MORNING.

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    No, a greater Ethereum staking ratio is not strictly great

    From home.saxo|May 26, 2023

    On the 1st of December 2020, the staking contract of Ethereum launched, offering holders to stake Ether, in plain English, verify transactions on the Ethereum network by locking ...

    Emerging US Debt Deal Would Raise Limit, Cap Spending for Two Years

    From finance.yahoo.com|May 26, 2023|1 comment

    Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the ...

    IMF’s Georgieva: Fed Rates Will Need to Be Higher for Longer

    From @sevenloI|May 26, 2023|1 comment

    tweet at 1:15pm: IMF’s Georgieva: Fed Rates Will Need to Be Higher for Longer

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  • Posted: May 26, 2023 11:25am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 1,560
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