Economic Costs: Interest, Crowding Out, Future Burden

Oof -- debt. People have it, companies have it, and a lot of countries do, too. In the US, the national debt becomes a hot-button issue every time elections roll around. But how does debt work when the country that owes the debt literally makes the rules around finance? In tonight's episode, Ben, Matt and Noel explore the dizzying (and sometimes terrifying) story of national debt.

They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

See omnystudio.com/listener for privacy information.