Episode 137: Tank Man
Words & Numbers
00:00
The Downside of Forgiving Debt
If we forgave every kind of debt across the country, the monetary system would crash. Debt serves a really important purpose in enabling people who have needs now to match up with people who have abilities now and needs later. When you remove incentives all around these things, there's no predicting what happens after that.
Transcript
Play full episode
