Episode 298: How do Treasury Bills Work?
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Is the Federal Government Going to Print Money?
Inflation goes to this purchasing power we're talking about. When you have inflation, your dollar is losing purchasing power. People think government spending is magic. They don't understand what happens. We get all kinds of spending that nobody even thinks to raise hand and say, Excuse me, isn't this going to come back to bite us? It comes back in the form of inflation.
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