“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.”

Share & Save

Meaning

Not documented yet.

When It Was Said

Not documented yet.

Who It Was Said To

Not documented yet.

Historical Context

Not documented yet.

Source

Not documented yet.

Original Language & Translation

Originally said in English.

Did They Really Say It?

Not documented yet.

Did You Know?

Not documented yet.

About Marc Faber

Marc Faber is quoted here; further biographical details are not publicly available.

More from Marc Faber (49 quotes) →
"If the U.S. Government was a company, the deficit would be $5 trillio…" — Marc Faber | Daily Quotes