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Take A QuizIf the U.S. Government was a COMPANY, the DEFICIT would be $5 trillion because they would have to account by general ACCEPTED accounting principles. But actually they encourage government SPENDING, reckless government spending, because the government can ISSUE Treasury bills at extremely low interest rates.
Posted on 10 Nov 2024, this text provides information on Finance related to Marc Faber. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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