What is all about the debt ceiling?
Debt is a pit, That you dig in front of you.
I heard above when someone saying it to someone who is in deep debt.
The deeper the pit becomes, and when a slight wobble pushes you into the pit, then the drama starts.
If the pit is deep, your chances of survival will be less or your injuries will be more.
If the pit is not deep, your chances of survival are more and without injuries.
The world runs on Debt and credit, these two terms control our life apart from our Brains.
Here are the questions most of us unaware of or tend to think we know but do not in reality.
On what basis does the govt print currency? and what is the debt ceiling?
Can any government print currency as much as they can?
What is this new chatter about a Trillion-dollar platinum coin?
The below videos will help in getting answers to the above questions.
On what basis does the govt print currency? and what is the debt ceiling?
Can any government print currency as much as they can?
The answer is the below video.
What is this new chatter about a Trillion-dollar platinum coin?
Also please check “Natural Experiments Nobel Prize Economy“
