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Economics
Re: "Treasury Securities" vs. US National Debt
by
twiifm
on
30/07/2014, 01:23:23 UTC
Quote from: theonewhowaskazu on July 30, 2014, 01:00:37 AM
Here:
http://www.usdebtclock.org/
National Debt: $17T
Treasury Securities: $914T
AFAIK "Treasury Securities" are a synonym for "national debt." Then why are Treasury Securities like 50x the National Debt? Am I missing something?
http://www.investopedia.com/articles/04/011404.asp
http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm