AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Will Credit Downgrades Spur Greater Interest in a BRAC-like Fiscal Commission?
Cato Daily Podcast
The Unfunded Obligations of the US Government
Despite our unsustainable fiscal situation, the United States continues to enjoy fairly low interest rates on treasury bonds. The US dollar is used in about 90% of global transactions and still is the primary reserve currency. As long as there isn't a suitable competitor, the US will continue to enjoy low interest rates and high dollar demand.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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