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Money: What It Is, How It Works: Understanding Government Debt

Curated by ACT

This article discusses how our monetary system works and the role the government plays. Organized into the following sections: "Government Money," "Treasury Options", "Tax or Borrow?", "Rolling Over Government Debt", and "Net Financial Wealth of the Private Sector."

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bank money, monetary system, role government, state money, federal reserve, money: what it is, how it works: understanding government debt, treasury, role of government
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
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