Explore nominalism in finance, where debt remains fixed regardless of inflation or currency changes, and learn its effects on ...

Explore how deflation impacts national debt, from rising real debt values to reduced spending and increased interest rates ...

Now that the budget bill has passed Congress, we can see clear projections for how it will impact deficits, government debt, and debt service expenses. In brief, the bill is expected to lead to ...

The world is currently mired in record-setting debt. Last year, the combined borrowing of households, businesses and governments across the globe eclipsed $315 trillion. And in the first quarter of ...

Determining whether a debt has become worthless always is a question of fact which requires consideration of all pertinent evidence—including the debtor’s financial condition and the value of any ...

NEW YORK (Reuters) - Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed on Tuesday. The ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...