Josh Farley: "Money, Money, Money"
The Great Simplification with Nate Hagens
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Is Debt a Bad Thing?
When we have a financial problem it's so politically difficult to sell or explain the necessity of using less, that we just create more credit. Every single time we've hit a debt ceiling in there's a bunch of wrangling and political arguing and chicken little dumarism,. Then all of a sudden we raise a debt ceiling. And it's almost like the boy who cried f because we've been warning about a fiscal cliff and a debt crisis for a long time but it doesn't seem to really matter. What really is the problem with debt? Is debt necessarily a bad thing? Unpack that a little bit. This is a big topic. If we go into debt, with interest bearing
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