Krannert Professor of Economics on Debt vs Deficit

1,215 views · Published 27 July 2011 · 2:00 · Indexed 1 November 2026

Channel: Purdue University · 2011 · Education

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Krannert Interim Dean and Prof. of Economics, Jerry Lynch, discusses the difference between the federal deficit and the federal debt. Also discussed is how China, and other foreign entities loan the US money through the purchase of bonds.

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