Within the United States financial system the largest borrower of money in 2006 was the federal government.

Question

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The federal government is typically the largest borrower in the United States financial system due to its need to finance budget deficits, which involves borrowing large sums of money through the issuance of government securities. In 2006, this trend continued as the government needed to fund various programs, services, and military operations.

Within the United States Financial System the Largest Borrower of Money