If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.
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"If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates." — Marc Faber #politicsgovernment
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If the U.S. Government was a company, the deficit would be $5 trillion because they would have…
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If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates. — Marc Faber
About Marc Faber
Marc Faber was a Businessman from Switzerland (1946–present).
Frequently Asked Questions
Who said "If the U.S. Government was a company, the deficit would be $5 trillion because…"?
This quote is attributed to Marc Faber, a Businessman from Switzerland.
When did Marc Faber live?
Marc Faber lived from 1946 – present.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.