Why the Debt Ceiling is Nonsense | Stop Freaking Out (Ep.128)

The national debt and the debt ceiling are fake issues devised to keep us fighting over nothing. Interest rates are an arbitrary political decision. It’s impossible for the US government to borrow US dollars. The government needs to spend before it can tax. The Federal Reserve is a public institution. Stop worrying about the debt… Continue reading Why the Debt Ceiling is Nonsense | Stop Freaking Out (Ep.128)

The Truth About The Debt Ceiling Debate (Ep.87)

We discuss the recurring drama surrounding the US government’s debt ceiling, and how a comprehensive understanding of modern monetary theory and public finance can help you eliminate a lot of fog and confusion regarding the topic. Notes: Timcast IRL – Let’s Put An Actual Ceiling On Debt https://timcast.com/video/timcast-irl-letandamp39s-put-an-actual-ceiling-on-debt-shorts/ US warned of defaults https://www.rt.com/business/569848-us-default-debt-limit-hike/?utm_source=rss&utm_medium=rss&utm_campaign=RSS Dave Brat… Continue reading The Truth About The Debt Ceiling Debate (Ep.87)