The Risks of Excessive Money Printing to Service US Public Debt

The Risks of Excessive Money Printing to Service US Public Debt

The video discusses the challenges faced by the United States in servicing its public debt, which is denominated in dollars. It highlights the risks of resorting to excessive money printing, as experienced by Zimbabwe, and the potential negative consequences on inflation, investment levels, and economic growth. The video emphasizes that the United States is not Zimbabwe and is unlikely to resort to such a destructive option.

https://youtube.com/shorts/Tj_kRJrhUH8?si=3vOHIHI5HzstYxfH

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