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We Study Billionaires - The Investor’s Podcast Network cover image

TIP553: Why Hard Assets are Positioned to Outperform w/ Tavi Costa

We Study Billionaires - The Investor’s Podcast Network

NOTE

Cost of Debt and Deficit in Current Government Spending

The cost of debt is increasing, which is creating a need for larger deficits than historical standards./nInterest payment on the debt only explains about 50% of the deficit today./nIn the 70s and 60s, policymakers believed that government spending creates inflation, but it's unclear if that applies today./nThe recent inflation act as part of the budget shows concern for spending more during an inflationary problem./nAdjusted for inflation, today's fiscal spending is quite scary and almost undoing what the Fed is attempting to do.

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