Mari asked: Why might the level of government debt affect government incentives concerning monetary policy?

Amy B asked: Does the size of the government’s debt and the size of the budget deficit indicate potential problems for the economy in any of these cases?
1. The government’s debt is relatively low, but the government is running a large budget deficit as it builds a high-speed rail system to connect the major cities [...]

Trying2BRealistic asked: I keep seeing the US National Debt compared against our GDP and when I looked up the definition, government spending is added in but government debt is not accounted for (assumes no debt?) Why is GDP a good measure of a country’s wealth if it does not take into account that country’s [...]

TEH TYME KITTEH ~pantheist~ asked: Its gonna bounce from here to hades but its just a Class B misdemeanor for me, and the government debt is paid in full.

Mr. Trump asked: Not Government debt… just personal and business debt.
Lets say the U.S. Government declared that as of February 1st.. all businesses and individuals are completely FREE of their prior debts. This means any debt you get into after Feb. 1 you have to pay back. BUT you would be freed from all the [...]

Nick T asked: Isnt it simple. All the government is gotta do is build several money making facilities in secret. Like area 51. Then start printin money and payin off all the people it owes money to. Once the debt is payed off the facilites shut down and are never heard [...]

hottiealexandria85 asked: A. Government can print money to pay off its debt.
B. Internal debt makes the citizens of that nation poorer.
C. External debt makes the citizens of that nation richer.
D. There is no difference between the two.

Abubakr asked: what can be consequences of government debt?

Tez asked: Also, why does having large government debt threaten the UK’s triple A rating, given that the UK could create money to pay off debt?
Interesting final thought, as the dollar is the world’s reserve currency, surely the US has more scope for “printing money” to pay off its national debt?

10 minutes late asked: At the end of Bush’s term, I remember hearing it would take just under twenty years for us (and our kids) to pay back the national debt.
From what I’ve read, Obama has just been spending spending spending. How do we reduce debt by spending more money, and at this rate, [...]