The Government’s Fiscal Folly: From Debt Ceiling to Seigniorage
In this episode of Libertarian Counterpoint, James Just and John Cameron discuss the implications of the U.S. credit rating downgrade by Fitch Ratings, which cited the government’s failure to raise the debt ceiling and its fiscal irresponsibility. They explain how this could affect the economy, the dollar, and the taxpayers. They also talk about seigniorage, the creation of money to facilitate trade, and how it relates to inflation, monetary policy, and the role of government.
They also comment on the latest news and controversies, such as the indictment of former President Trump for his election lies, the counterpoint by his supporters who claim he is a victim of a two-tiered justice system, the death of Backpage founder and free speech warrior James Larkin, and the AI vision of the future of downtown Seattle and the problem with urban planning.
Join us for an insightful and lively conversation on Libertarian Counterpoint, where we challenge the status quo and expose the hidden costs of government intervention.
Libertarian Counterpoint 1668 (Live): 8/3/2023
James Just, John Cameron
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32:18
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