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4min chapter
Daniel Lacalle: Raising Taxes Won't Fix the'Debt Bomb' and Why Currency Debasement is "Intentional"
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Understanding the Economic Impact of National Debt
This chapter examines the negative impacts of escalating national debt on GDP growth and underscores the flawed belief that government spending consistently drives economic prosperity. It critiques the use of debt as a tool to cover unsustainable entitlements, warning of potential currency debasement as a consequence.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode