The Federal Reserve and the Federal Debt

Thomas R Saving

Chapter 18 in A Century of Federal Reserve Monetary Policy:Issues and Implications for the Future, 2019, pp 201-213 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionThe Publicly Held Federal DebtThe Financial Connection between the Federal Reserve and the TreasuryFederal Reserve Transfers to the TreasuryImplications for Measuring the Taxpayer Burden of Federal DebtThe Adjusted Value of the Federal DebtSome CaveatsConclusion

Keywords: Federal Reserve; Monetary Policy; Money; Currency; Interest Rates; Inflation (search for similar items in EconPapers)
JEL-codes: E00 E6 F45 (search for similar items in EconPapers)
Date: 2019
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