Economics and Incentives With Grant Williams
Porter & Co. Black Label Podcast
00:00
Wealth, Government Debt, and Future Challenges
The chapter discusses childhood experiences with wealth, concerns about government debt, and the potential challenges facing Western democracies. It explores the issue of government promises, increasing debt, and the options for dealing with it, such as increasing taxes or reneging on promises. The chapter also touches on the impact of inflation on wages and the distraction of social media from important global issues.
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