3 ms·
Not only does the newborn owe $54k share of public debt on average, the baby also owns (directly or indirectly) $54k worth of government bonds on average.
by the_why_of_y 11y ago
Not only does the newborn owe $54k share of public debt on average, the baby also owns (directly or indirectly) $54k worth of government bonds on average.
- jacquesm 11y agoThe debt is public, the bonds are held in a non-public fashion so there is a definite asymmetry there.