Yes, it is very much like a shell game. This is a desperate measure that will mostly likely result in a horrible decline of the US dollar. It's like borrowing money from your credit card to put money in your checking account so that you can make a payment on your home equity loan in order to borrow from the home equity loan to pay your credit card.
If you mean the federal reserve missing the nine trillion dollars. Then it's trillion.
No. There are only about 5 trillion dollars in existence. It's unlikely they could loan out 40% of all the US dollars in the world.
8 trillion dollars
Lets see That's right. No one knows, but most people think it's better than doing nothing at all according to the polls.
According to the Federal Reserve, a single US banknote has a mass of about a gram, so 12 trillion of them would be about 12 billion kilograms. If they were in $100 bills, it would be about 120 million kilograms, or 120,000 tonnes.
The national treasury holds a significant number of stocks and bonds. To be precise it holds 20 Trillion dollars.
16 US $ Trillion to American Federal Reserve Systemplusif Social Security and Medicare A,B and D is taken into account,it rises to 120 Trillion United States Dollars at least , effectively due andpayable.
In 1995, the United States Federal Government spent 2.01 trillion dollars and received 1.79 trillion dollars in tax revenue. This led to a 2.2 percent deficit.
Over 3 trillion dollars.
The United States of America currently has approx. 77 trillion dollars worth of assets and 113 trillion in debt that is including all the money in reserve. so no the Us does not have enough money in reserve to pay out its debt.
As reported in the US Federal Reserve report, Flow of Funds the net worth of all households in the US was $51.5 trillion at the end of the 2008 fiscal year. The Federal Reserve reported at the end of 2009 that the monetary base (the actual, physical cash that exists in the US) was $1,999,897,000,000.00 (One trillion, nine hundred ninety-nine million, eight hundred ninety-seven thousand dollars).
The US Federal Reserve has about 8000 Tonnes of Gold or about 282192000 ounces. At todays prices that is in the neigborhood of 270 billion dollars. {| |}