ALJAZAM Real Money With Ali Velshi October 8, 2013
Hour by using the hashtag ajreal money on twitter. Were ten days away from when the treasury secretary says his [ technical difficulties ] so let me start with what the actual problem is. Every day the treasury brings in money from taxes and other sources, and it pays money out. Some days the government takes in more money than it pays out, but in general it pays out more than it takes in. To make up the shortfall, the treasury needs to borrow money from the public. This is a copy of a treasury security. This is a 30year savings bond. There are treasury bills, notes, and other bonds that inves...