AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
In Brief: It's a Debt Trap (with Justin Wolfers)
Stay Tuned with Preet
The Debt Limit Is a Manufactured Crisis and Here's a Way Out of It
Justin Wilfers: It's not clear Congress can does or even knows what it's doing when it passes a debt limit. He says changing the face value of the bonds you issue is a way of just pointing to the complete incoherence of Congress saying spend this much, take in this much, but don't borrow anymore. Preat Barara: I think we've broken the record, but this is important, consequential and complicated.
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