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Great Book of the Public Debt was created in 1792.

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The Great Book of the Public Debt was created during the reign of the French King Louis XIV in the late 17th century. It was initiated in 1683 to centralize and manage the growing public debt of France.

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Q: When was Great Book of the Public Debt created?
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When was Ottoman Public Debt Administration created?

Ottoman Public Debt Administration was created in 1881.


Is Public debt or External debt bigger?

The Public Debt is debt that is owed by the Government of the United States. The External Debt is that is owed to foreign countries. The current Public Debt is $16,738,541,240,281.19 that over 16 Trillion dollars. The external debt is approximately $15,940,978 that is a lot less than the public debt.


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The biggest disadvantage of public debt is the fear of it leading to excessive inflation. The advantage of public debt is the leveraging of public assets to provide services.


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The deficit is always smaller than the public debt.


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In Debt was created in 1995.


How do you contact the Bureau of public debt?

Formed in 1940 The Bureau of the Public Debt is partially setup to track and report public debt. The bureau of the Public Debt borrows money that is needed to run the federal government and to account for the resulting debt, basically paying it back.The Bureau of the Public Debt is part of the U.S. Department of the Treasury.The link is added below to get to the government website which interestingly enough has the figures for the U.S. debt for which now the numbers are in double digit trillions.


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What steps would be recommended to lower public debt to manageable level?

If for example your country has high public debt-GDP ratio. What steps would you recommend to lower public debt to manageable level?