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the numbers used in this list do not include internal debt, such as that which the government accumulates, but external debt, the kind of debt that is owed to other countries. the percentages you see in this list are calculated by the amount of money owed to other countries divided by the countrys total gross domestic productdec 19, 2011 By limiting access to gold it enabled the government to control the money supply stabilizing the value of the dollar and preventing monetary hoarding. In 1949 the US monetary system was operating under the bretton-woods system where
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