USA Debt: How Much per $1 in Taxes?

Porkopolis Economics: Episode 121

Show Sponsors: trezor.io

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Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Continuing our series on the United States National Debt. The U.S. debt is constantly on the news both worldwide and in the country but how exactly did we get from $70 million to $34.6 trillion? We will look at debt, the increase in debt, taxes that are raised to fight off the debt, and the money that is printed during this time.

Contents
00:12 Recap of What We've Covered
02:03 New Metrics
02:53 Understanding the New Charts
03:08 Deficit Spending in the 80s
04:17 Periods of Spending
05:29 Spending During the Great Depression
07:40 Overview of the Great Moderation
09:10 Year of Y2K
10:18 Putting it into Perspective
12:15 Show Sponsor - Trezor
13:05 2000s and on
14:55 All Time Average and Now
16:43 Closing Thoughts

Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.