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May 2023 Mailbag: 100...And Two Hills

Rule Breaker Investing

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The Differences Between Debt at an Individual Level and Debt at a National Level

As an individual, we can't create money. But the United States government and a few other countries around the world are in the very unique position where they can create money. Jason: The most important thing to focus on is inflation. Is the United States dollar maintaining its buying power? And I think that that is a far more important thing to be aware of than whether the debt ceiling is 100 trillion or whatever arbitrary number you want to put on it.

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