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How much money does the US economy actually have?
By Rose | July 11, 2008
Topics: US Economy | 3 Comments »
July 14th, 2008 at 9:58 am
They print the money so… Running a deficit can actually be a good thing for economic stimulus–as long as interest rates, and inflation remain in check. The economy has hit a rough patch, but we are far from Mad Max.
July 15th, 2008 at 12:16 am
The Gross Domestic Product currently sits at somewhere around $14 trillion
BTW the GDP is as defined by wikipedia “The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country’s economy.”
July 16th, 2008 at 5:40 am
less than Zero, trillions of deficits. You know ordinary Americans just follow the doing of their government, borrowing, and then default. “lend me money so that I could pay your back, or watch me!…I am your big brother, yours is mine, got it?!!” what a threat!! so ethical, isn’t it!!