Keyword: IOU
Eat Your Cake Now (11/2/2011)
Who doesn't like to eat their cake and have it at the same time?
Keywords: budget deficit, IOU, Social Security, Trust Fund
Eat Your Cake Now - cartoon transcript (6/22/2012)
Who doesn't like to eat their cake and have it at the same time?
Keywords: budget deficit, IOU, Social Security, Trust Fund
Free Money? (5/12/2010)
The dollar as an international reserve currency allows the United States to pile up huge budget and trade deficits as export-surplus countries accumulate dollars for their foreign exchange reserves.
Keywords: appreciation, budget deficits, central banks, dollar, foreign exchange reserves, free money, IOU, Reserve currency, trade deficits, yuan