The $13 Trillion Question: Managing the U.S. Government's Debt
| Author | : | |
| Rating | : | 4.99 (630 Votes) |
| Asin | : | 0815727054 |
| Format Type | : | paperback |
| Number of Pages | : | 135 Pages |
| Publish Date | : | 2017-05-28 |
| Language | : | English |
DESCRIPTION:
They also argue that the Treasury and the Federal Reserve made a huge mistake in recent years by rowing in opposite directions: while the Fed was buying long-term bonds to push investors into other assets, the Treasury was doing the opposite—selling investors more long-term bonds.This book includes responses from a variety of public and private sector experts on how the Treasury does its borrowing, some of whom have criticized the way the Treasury has been managing its borrowing.. The underexamined art and science of managing the federal government's huge debt.Everyone talks about the size of the U.S. national debt, now at $13 trillion and climbing, but few talk about
David Wessel is director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution and a contributing correspondent to the Wall Street Journal, where he was an editor, columnist, and reporter for thirty years.
About the AuthorDavid Wessel is director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution and a contributing correspondent to the Wall Street Journal, where he was an editor, columnist, and reporter for thirty years.