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Why did congress lack the money it needed to pay off the government's war debt?
Congress lacked the money it needed to pay off the government's war debt because of an unbalanced budget. Congress can continue to pay for or extend a war without actually having the money to directly fund it.
What is the relationship between government debt and inflation?
The relationship between government debt and inflation is complex. In general, high levels of government debt can lead to inflation if the government tries to pay off the debt by printing more money. This can increase the money supply in the economy, leading to higher prices for goods and services. However, other factors such as economic growth, interest rates, and government policies also play a role in determining the impact of government debt on inflation.
How did the national assembly plan to pay off government debt?
They would give them whiskey.
Why did congress lack the money it needed to pay off the governments war debt?
Congress lacked the money it needed to pay off the government's war debt because of an unbalanced budget. Congress can continue to pay for or extend a war without actually having the money to directly fund it.
What is debt market in Bangladesh?
the debt market is loads of money regarding 2000000 million and people in Bangladesh don't get the money off other people in the UK because their government take it off them so they cant pay the debt, live or drink and even become homeless on the dirty muddy streets of Bangladesh.
Which monthly bill is money spent towards paying off debt?
Money spent towards paying off debt often comes in the form of a monthly credit card bill. A car loan payment is also money spent towards paying off a debt.
What is funding at par?
means the federal government would pay off its debt at face value, plus accumulated interest.
What kinds of debt consolidation loans will help me pay off my debt?
There are many debt consolidators out there, but beware of most of them. If you are having to owe money to them in the long run, it is not helping you get out of debt. Your best bet would be to schedule a meeting with your bank and see what they have to offer. They would be more reliable than debt consolidators.
How can someone get money to pay off debt?
The most popular way to earn money to pay off a debt would be to get an extra part-time job. Many companies like WalMart or Home Depot are looking for people to stock their shelves during off hours late at night or on weekends.
Why would companies wish to arrange set off of debt?
Because they want their money back. We are in a very bad economy in which no one has enough money to do business.
Why did Congress lacked money to pay off government war debt because?
Congress lacked money to pay off government war debt because it had limited taxing power under the Articles of Confederation, which did not grant the federal government the authority to impose taxes directly. Additionally, reliance on voluntary state contributions for funding led to inconsistent and insufficient financial support. This financial instability hindered the government's ability to service debts incurred during the Revolutionary War.
How did Jefferson and gallatin deal with the national debt?
They decreased the functions of the national government.
