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"Deficits Don't Matter": The Most Dangerous Lie in Economics
3 months ago
17
You wouldn't run your family budget with a constant deficit, so why should governments? This video dives into the controversial idea that "deficits don't matter," using the massive $37 trillion US debt as a key example. We examine the belief that the government's ability to "print money" solves all problems and ask the critical question: what is the true cost of runaway government deficits around the world? Let's discuss! #governmentspending
In this most recent interview, Darryl and Brian Panes from As Good As Gold Australia talk with the legendary, Egon von Greyerz, Founder and General Manager of Gold Switzerland and Von Greyerz AG.
Are we witnessing the endgame for fiat money?
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