Posts Tagged ‘government securities’

  • Thomas Sargent and Cutting the deficit

    The Difference Between the Shutdown and the Debt Ceiling

    Oct 11, 13 • 254 Views • Economic Debates, Economic History, Financial Markets, Government, International Trade and Finance, Macroeconomic Measurement, Money and Monetary PolicyNo Comments

    Let’s just do a shutdown and a ceiling primer today. The shutdown is all about the federal budget. Very simply stated, certain agencies need yearly (or a different time period) funding that has to be approved by the President and the Congress. Because...