2min chapter

Tom Bilyeu's Impact Theory cover image

Silicon Valley Bank MELTDOWN Explained | How to PREPARE for the RECESSION | Jaspreet Singh

Tom Bilyeu's Impact Theory

CHAPTER

The Difference Between Printing Money and Debt Monetization

The government has one source of income. Taxes. And so when they spend more money than what they bring in, this money has to come from somewhere. So where does a 1.5 trillion come from? Well, they can borrow money from you and I. Other countries will loan money to the United States because they like to store their wealth in dollars. But that's generally not enough money. The Federal Reserve Bank essentially print the money and give it to the government.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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