Debt Levels And Flows
Debt is used to finance and pay for entreprises and business around the world. The levels of debt – how much debt is outstanding – and the flows of debt – how much the level of debt changes over time – are basic macroeconomic data, and vary between countries.
Within mainstream economics, levels and flows of public debt (government debt) are a cause of concern, while levels and flows of private debt (especially households and corporations) is not seen as being of central importance.
Read more about Debt Levels And Flows: Measuring Debt, Overall Levels, Accounting, Levels
Famous quotes containing the words debt, levels and/or flows:
“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
—Calvin Coolidge (1872–1933)
“The only inequalities that matter begin in the mind. It is not income levels but differences in mental equipment that keep people apart, breed feelings of inferiority.”
—Jacquetta Hawkes (b. 1910)
“Freudianism is much more nearly a religion than a science, inasmuch as the relation between analyst and patient has a great deal in common with that between priest and communicant at confessional, and such ideas as the Oedipus complex, the superego, the libido, and the id exert an effect upon the converted which is almost identical with what flows to the devout Christian from godhead, trinity, grace, and immortality.”
—Robert Nisbet (b. 1913)