Are we in DEBT?


Are we in debt?Is our government in debt?Who give us credit? Who give credit to Government?Why government take money in credit.Can't government make their own money?

I am in DEBT
If we are in debt? then where is our money which i never took and not been given to me by anybody. Yes ! it is obviously should be asked. where is my money. as per current data every Indian citizen is in debt of INR. 65401/- approx . It is called National Debt Per Citizen-65401 (approx it is keep changing every time).
Now the Total National Debt of India is INR. 86,652,327,593,609 /- (approx  last three digit of amount every second keep changing)
 Are we in debt but how..? so let us come to answer this question in small example. first we have to know what is a national Debt. so let us understand. National Debt is a the money which has been taken by (ICG) Indian Central Government. Now Question is who give Money to Indian Central Government. Ok so let us know. the Reserve Bank of India Give Money to Indian Central Government in Interest. and some case ICG take money for foreign bank also. if ICG need money for any social welfare work or any government scheme or might be any other work. as we know to full filling for financial need, ICG take tax from many source. if tax money is not enough then ICG take loan from RBI. Now Let us understand this process. If ICG need Inr.10000000/-. ICG would ask to RBI. if RBI has that much of money then RBI would give to Inr.10000000/-. or If RBI does not have that much of money then RBI can print new money also. in this process, ICG has to give promissory Bond, It is Called Government Securities. this Securities is submitted by Ministry of Finance to RBI with the promise to repay the amount with interest. there are many kind of Government Securities which is Issued by ICG. such as Treasury Bond, Sovereign Gold Bond, Fixed Rate Bond.
Now if ICG could not pay the Loan amount on time then RBI can sell this Bond in Open Market to take the amount. Now let us understand, What is Open Market and Who can buy the Government Securities Bond. So here. The market is the place where Government Treasury Bonds and Bills is sold and bought. and this all Government Securities Bond can bought by Commercial Bank, Mutual fund Companies, Insurance Companies and NBFC and many more.
Now we understood who are the Guarantor / Responsible for National Debt and as per National Debt is Indian Per Citizen Debt. This is very clear and transparent but all process is long and complicated. we will discuss later on this. But one more important thing is this whole Banking process is money making and this money making is for credit creation. Debt creation. Now you understood why we are in Debt. so don't worry because we are the victim of this process. and one more thing ask with your government about your Debt. which is you never took. this process is not only for India but also for all the country are in this process. more interesting things is we are paying not only our Debt but also the Interest by many ways, Like in form of tax. but we don't know. if we will focus,we get money is circulating to Bank and among us but things is Bank is controlling this and making credit.this money is asset for bank and liabilities for people.  
we will discuss later more on this.

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