More on What Happens If Debt Ceiling Isn’t Raised

I've mentioned in many previous posts that government debt is really not like private debt.  Instead government bonds are more like another type of currency or money.  The key difference between government bonds and paper money is that bonds pay interest and money doesn't.  That's about it.  But it's a key point because government bonds, … Continue reading More on What Happens If Debt Ceiling Isn’t Raised