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I will be teaching an intro econ class at an Academy in Chicago and this is my first college level econ class that I will be teaching. Do you have any suggestions about any books, research materials, or websites that will facilitate me [View full text and thread]
What benefits would we have paying off the National Debt? What I understand, in the future we may be able to pay this off. What would happen to the surplus of money generated after the National Debt is paid off? Would this hurt the economy and put us in a recession? I think that by leaking money out of the economy, there will be a decrease in investment spending causing a decrease in aggregate supply and GDP. This shift of the AS curve will also increase the CPI. As this trend continues, recession occurs. If severe enough, could end the surpluses and decrease the economy and end the ability to pay down debt. What is your opinion on paying off the National Dept?
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I'd like to know about the existence of works related with the denouncement behaviour.
Best regards,
Silvinha Vasconcelos
Economy Department
Federal University of Pernambuco - Brazil
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