Episode 18: $34 Trillion and climbing
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Episode 18: $34 Trillion and climbing
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このコンテンツについて
The U.S. debt has reached $34 trillion and the U.S. is already being funded by deficit. What will the debt be by the end of 2024? It seems congress has reached a deal but not quite official yet. In this episode we discuss the deficit spending and possible outcomes of the future. This careless spending can only be made possible by having a central bank. I hope you enjoy this episode and I appreciate everyone who takes the time to listen. Links from the show are below.
https://thehill.com/opinion/finance/575722-the-us-has-never-defaulted-on-its-debt-except-the-four-times-it-did/
https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/
https://mises.org/library/anatomy-state/html/c/32
https://mises.org/library/case-against-fed-0/html
https://www.cnn.com/2024/01/03/economy/us-national-debt-34-trillion/index.html#:~:text=Data%20published%20by%20the%20Treasury,accumulated%20over%20the%20nation%27s%20history.