Is it from the stock market?
They do it by selling government bonds to pension funds and other large investors both here and abroad. These bonds are risk-free (absolutely safe) and are very popular.
They are sometimes referred to as 'gilt-edged securities' because they are seen as being 'as good as gold.'
NO! US!
The government borrow the money from a lot of different sources however; we do owe China a lot of money and did you have a chance to watch China on CNBC today. Wow, China is doing very well. We are a part of the government of the USA because we are tax payers so that is one reason why I do not have a problem paying taxes is because our tax dollars is what makes us a better country. Imagine if no one wanted to pay taxes.
They don't borrow it they print more of it.
http://www.treas.gov/education/duties/
idk from bill gates? with this money crisis i wonder where all the money have gone to
other countries....we owe China billions.... ;)
Mikey knows it MUST be directly proportional to what gold is in the treasury at Fort Knox and others.
The majority of the money that the U.S. barrows is in fact from China.
We owe China a little more than one TRILLION dollars, most barowed to try and stop a religous was that has been going on for over a THOUSAND years........(it not like anyone could actually do anything about it)
How does the government spend your money? - Conservatively Speaking::
Where does most of the money go? Does the bulk of my taxes go to pay for schools? to credit card budgeting by borrowing money, there is interest that must
http://blogs.franklinnow.com/conserv_speaking/archive/2008/04/06/ent-spend-your-money.aspxHOME |
Pension Dynamics | Steve Butler Contra Costa Times column.::
to Gross, foreign governments purchase 40 percent of the borrowing in the bond So where does smart money go in times like this?
http://www.pensiondynamics.com/columns/2006/sb-article-10-09-06.htmHOME |
rich businessmen, and other countries.
They don't actually "borrow" money from anybody, they basically issue IOUs to everyone they're buying things from and pay them off when they can.
They get most of their money for spending on general stuff from taxes.
And ignore people who say China T_T we're just in bed with them; 98% of our production is heavily invested in China, we don't actually borrow from them.
And the "print more to have more" thing doesn't work, if you print more the value of what you currently have goes down.
it borrows from: Banks, large independant companies or other countries.
Governments do not borrow money, they just print more to have more. The countries' debt you may be thinking about are actually debts incurred when a country import more than it export. Why Government Spending Does Not Stimulate Economic Growth::
private spending, and only if government spends the money borrowed from the economy. It does not matter which level of government is doing the taxing,
http://www.washingtonpolicy.org/Centers/government/legislativememo/GovtStimulus2009.pdfHOME |
Creating Money Is A Taxing Operation::
But where does the money exist? government has therefore issued in the exercise of the power to borrow money on and said the court, from this
http://usa-the-republic.com/banks/bank_2.htmlHOME |
The IMF that or print more currency against the value.
China, we're allready in debt to China with billions of dollars so why not more?!
I shan't explain in detail, but suffice to say money doesn't actually exist.
It is merely a promise to repay, and if you look at any note, that is what it states.. "I promise to pay the bearer"
The banks run the country, the politicians merely act as puppets, and we pay through our labours.
Check out "The money masters" on youtube, and also on google video "freedom to facism" to understand a bit more.
Money is merely printed, and most of your tax repays the interest due to the banks.
View for yourself.
no IT S CALLED TAX (but they do need it to avoid a economic break down)
The future.
It's like an overdraft - they piss it all up the wall today and then we pay for it with our taxes for the next 10 years as they try to balance the books.
No, it comes from today's taxpayers & their children's children. Do you not have a T.V.,radio or are you illiterate & unable to understand the headlines the past mont or so.
WE FOOT THE BILL, GET IT YET !!!!!!!!!!!
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Where does the government borrow all the money from?