There is a ton of work that's been done on this topic or pulling shit out of their ass. The best way to manage the growth in a country is to have deficit spending be equal to or less than the growth rate of the economy, he says. If you do anything more than that, if you're borrowing from the future to pay for today, then your currency doesn't work anymore. Read the book that I talked about last year, the most recent Ray Dalio book, he goes through six stories with the economic data to prove it,.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode