The Year of Living Dangerously in Review – Ep 765
The Peter Schiff Show Podcast
00:00
We Didn't Set a Record for Budget Deficits
In 20 21, the national debt only increased by one point seven five trillion. But in two thousand and eight that was the year of the global financial crisis. Yet we had all this stimulus anyway. I mean, canes would be turning over in his grave if he saw this,. especially if it was being practised under the guise of being a cansian economic stimulus. He wasn't dumb enough to believe that we can continuously go deeper and deeper into debt. Think economies would better if the government didn't go into debt artificially to stimulate them rather than falling prices.
Transcript
Play full episode
