t so we spent the $3 $3 trillie than we brought in. how does a government get the money to spend the money if it doesn't have the revenue? that's your point. it issues treasury bonds, it goes into debt, people buy the bonds, they go pick up the money and they spend it. the question of course is, this is abu tricky part, who buys the bonds? traditionally it's been americans who buy the bonds. in other words, for example, during world war ii we had war debt and people, who was patriotic you would buy the war bonds as you with contributing to the war efforts. that's been c the case where throughout most of history the american citizens bought the debt. we kind of owed it to ourselves. what's happenedof lately is two things. first of all foreign governments are buying a lot of our debt and guess which country vying e most of it. china. that makes me nervous because it don't want to be indebted to our enemy. the other thing going on is the federal reserve board is by the debt. now. that's interesting because what that means is one arm of th