What If the National Debt Were Eliminated? Some Economic Consequences.
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 distributi...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2002.
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| Series: | U.S. Congressional Research.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| 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. |
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| Item Description: | 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. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |