America Undergoing Massive Debt-for-Equity Swap

An analysis suggests that America is experiencing a significant debt-for-equity swap, a phenomenon that fiscal conservatives have discussed since the end of the dollar's convertibility to gold in 1971.

30 Jul, 07:53 — 30 Jul, 07:53

Post Share

Sources

Showing 1 of 1 sources

advisor-perspectivesMostly Factual26d ago

America Is Undergoing a Massive Debt-for-Equity Swap

The arithmetic of doom on America’s debt and budget shortfalls has been a favorite parlor game for fiscal conservatives since 1971, when Richard Nixon removed the last constraint on federal borrowing by ending the dollar’s convertibility to gold.

By Aaron Brown

Read full article →

PERSPECTA

PERSPECTA

America Undergoing Massive Debt-for-Equity Swap

Sources

America Is Undergoing a Massive Debt-for-Equity Swap

Related Stories

Treasury Secretary Bessent's Bond Strategy Faces Scrutiny and Criticism

Analysts Assess NVIDIA's Valuation and Volatility Risks Following Weekly Stock Decline

Richtech Robotics Announces Stock Repurchase Program, Shares Rise

Apollo, KKR, and IFM Investors Finalists in AB Ports Stake Sale

PERSPECTA