What is fiscal policy? What is debt management policy? Explain how fiscal and de

Question

What is fiscal policy? What is debt management policy? Explain how fiscal and debt management policy might be used to help fight inflation and unemployment. What causes a budget deficit and a budget surplus?
Describe the possible impacts of government borrowing upon the financial system and the economy.
What are the principal sources of revenue for state and local governments today? Where do they spend the bulk of their incoming funds?
Which type of bond is the best to own and what type of provision is the most important to have from the following list? Call privilege, subordinated debenture, income bond, sinking fund, mortgage bond, industrial development bond (IDB), debenture, and Equipment Trust Certificate.

Explanation / Answer

impacts of gov't borrowing When a government wants to borrow money, that money has to be produced from thin air by the central banks with a level of interest attached to it and added to the system thus inflating the economy and devaluing everything in it. You must pay for this debt through your income tax so the only winner in the long run is the bankers, and the losers are the normal people, paying for a loan that was created from nothing. Its all a fraud and people must wake up to it or they will never have economic freedom nor will their children.

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