SLP293 Greg Foss The Debt Problem You Can’t Ignore
Stephan Livera Podcast
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Government Bonds - It's a Real Generational Compact, Right?
Government bonds are a promise that the government is going to tax, it's taxpayers, and then pay you, the bondholder, those returns. The problem is that now th at they've printed so much money and debase their currency, the purchasing power of that hundred dollars in ten years will be far less than the purchasing power that you have today. "The worst part of all this falacy is the the governments now are printing more money," he says. 'If people finally call the bluff and say, I don't want to keep rolling my debt balloon'
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