The federal budget deficit is a rank of how much cash we have to borrow, by issuing treasury bonds and notes, from other people or governments to pay our bills. It does have tell to the long-term value of the dollar, but small-term fluctuations are more governed by the give and demand for dollars and other currencies, and is a function of trade balances.
The federal budget deficit is a rank of how much cash we have to borrow, by issuing treasury bonds and notes, from other people or governments to pay our bills. It does have tell to the long-term value of the dollar, but small-term fluctuations are more governed by the give and demand for dollars and other currencies, and is a function of trade balances.