Free Thoughts cover image

The ABCs of Inflation

Free Thoughts

00:00

Government Debt Doesn't Matter if It's Not Denominated Your Own Currency

Sbasley says debt doesn't matter if it's not denominated your own currency. And that governments need never worry about how they're going to pay for whatever it is theyre doing. But in a situation like we are to day, where arguably we're quite close to full employment, if not there,. Indeed, we have more job vacancies than a people out of work right now - which is quite unusual by the way.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app