What If the National Debt Were Eliminated? Some Economic Consequences.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Debts, Public.

Fiscal policy.

Monetary policy.

Physical Description:

1 online resource (23 pages) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2001.

System Details:

System requirements: PDF reader software.

text file

PDF

Summary:

Examines the consequences of public debt reduction and elimination, including those of budget surpluses and debt retirement, increase in rate of capital formation and productivity growth, reduction of the current account deficit, amelioration of future taxation, change in the generational distribution of fiscal policy, role of U.S. treasuries as a benchmark asset, effect on household and institutional investors, the Federal Reserve's monetary policy, liquidity in the treasuries market, and scenarios for once the debt is retired.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. What If the National Debt Were Eliminated? Some Economic Consequences

Access Restriction:

Restricted for use by site license.