Fed Balance Sheet: liabilities plus capital equal its assets. In other words, the size of the monetary base is determined by the amount of assets held by the Fed, which is decided by the FOMC as part of its monetary policy.
TOTAL PUBLIC DEBT
TOTAL PUBLIC DEBT
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US DEBT HOLDERS
US DEBT HOLDERS
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GOV SPENDING
GOV spending
There are two types of Federal or Government Spending:
Mandatory: Medicare, Medicaid, benefits to retired civil servants, and interest on the debt.
Discretionary: national defense, space exploration, and the FBI.
