Then why do you (as a society) and your Government owe so much. How can your country be wealthy and in debt past the top of Mt. Rushmore? How can Canada, for that matter? Ontario (where I live) owes more money than any other entity on earth, barring Sovereign Nations. WE owe more than California, FFS! How can you say you're a wealthy nation? The Government cycle is borrow, print and squander. Many individuals just skip the middle step. (We're the same way here.) Stanislav pointed out that 22% of ALL US dollars in existence have been printed this year. If the Government were a corporation, it would be declared bankrupt. (In fact, municipal governments in US seem to do that quite frequently. E. G. Orange County CA. City of Detroit, etc. etc etc. all have declared bankruptcy at least once. In fact, there was a time when St. Louis MO defaulted on its Municipal Bonds yearly. They got sued regularly and issued "Judgement Funding Bonds" to raise money to pay the default and stave off disaster for yet one more year. Many burgs and counties have credit ratings that translate to "stinkypoo minus." Your society "Incredibly wealthy?" (Or ours.) HA!