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That's a difficult question to answer; governments do borrow money, and that is called a loan. But governments can also essentially "borrow" money in many other ways; by increasing the money supply, by selling bonds, through regulation, market manipulation, tariffs, etc. These manipulations are so subtle and complex that only advanced economists can truly understand them, and they too are often wrong. That's why the unemployment rate is currently so high; the economists/banks/brokers got it wrong.
It was called "War Bonds" Submitted by Oscar LIm racsomil@hotmail.com

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Q: What is a loan to the government called?
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Certificates issued by a government in exchange for a loan of money are called?

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