the government’s debt (including currency, bank reserves, and treasury bonds) is the nongovernment’s financial wealth. Government deficits equal nongovernment’s surpluses, generating income that can be saved. And that savings is in the safest form – in claims on a sovereign government that cannot become insolvent in its own currency, that cannot be forced to miss any payments when they come due.
Main. Gov account. Non gov account. And foreign account
