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Economics
Re: "Treasury Securities" vs. US National Debt
by
theonewhowaskazu
on
30/07/2014, 02:40:38 UTC
Quote from: twiifm on July 30, 2014, 02:24:27 AM
Quote from: theonewhowaskazu on July 30, 2014, 01:38:04 AM
Quote from: twiifm on July 30, 2014, 01:23:23 AM
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
None of what I saw there answered my question at all...
I dont know where they got $194T but treasurydirect.gov says $17.6T outstanding treasuries as of 6/30/2014
That website doesn't work on my tablet. Couldn't find the $194T anywhere else
http://www.treasurydirect.gov/govt/reports/pd/pd_debtposactrpt.htm
Yes, this is the same response I'm having.
Can anyone explain the $194 number or can I write it off as random BS?