Podcasts about Government debt

Connect with Early Riders // Connect with OnrampWhy MIC Is Winner Take All (Early Riders Research)Presented collaboratively by Early Riders & Onramp Media…Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.00:00 - Introduction and Current Events in Bitcoin03:40 - Trump's Bitcoin Treasury Announcement06:33 - Market Reactions and Implications09:42 - The Role of Institutional Investors12:43 - Risks and Challenges in Bitcoin Investments15:53 - Government Debt and Economic Policies18:47 - Chamath's Insights on Spending Bills21:52 - The Future of Bitcoin and Hard Assets24:26 - Security Risks in the Crypto Space31:29 - Navigating Risks in Bitcoin Custody33:49 - Barriers to Bitcoin Adoption39:50 - The Debate on Proof of Reserves45:44 - The Importance of Multi-Institution Custody50:16 - The Future of Financial Services with Multi-Institution CustodyIf you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly.Links discussed:https://www.cnbc.com/2025/05/27/djt-trump-media-bitcoin.htmlhttps://cointelegraph.com/news/american-tourist-drugged-fake-uber-driver-robbed-123k-btchttps://www.washingtonpost.com/nation/2025/05/25/bitcoin-torture-new-york-crypto/Keep up with Michael: X and LinkedInKeep up with Brian: X and LinkedInKeep up with Liam: X and LinkedIn

Who do we actually owe our $36 trillion national debt to? What is the national debt? Why will it never be repaid? In this solo episode, Hans tackles this rarely asked but crucial question as he continues his "Know Your Enemies" series on understanding central banking.Hans explores the counterintuitive reality that the national debt isn't meant to be repaid - it's an accounting system where government debt functions as an asset for dollar holders worldwide. By examining the perspectives of economist Michael Hudson, he reveals the strange mechanics behind modern monetary policy.From the bizarre relationship between the Treasury and Federal Reserve to why interest rates should remain steady despite political pressure, Hans breaks down complex financial concepts to help listeners understand what's happening with America's financial system and its global implications.The Illusion of National Debt: An exploration of the counterintuitive reality that national debt isn't meant to be repaid. Government debt functions as an asset for dollar and treasury holders, creating a system where debt must continue to exist and grow rather than be eliminated.Three Pillars of American Debt: A breakdown of the three main holders of US debt: everyday people with paper currency, foreign central banks with treasury bills, and the Federal Reserve itself. This creates a bizarre accounting situation where part of the government is indebted to another part of itself.Global Dollar Dominance: An examination of how military and financial systems work together to maintain dollar supremacy worldwide. Dollars flowing internationally benefit Americans, even while creating problematic dependencies in the global financial system.Modern Monetary Theory Critique: A presentation of alternative perspectives on debt sustainability, acknowledging theoretical insights while questioning whether this system can continue indefinitely without major problems as interest payments grow.➡️ Chapters:00:00 - Introduction to Know Your Enemies Series01:00 - Trump, Powell, and Interest Rate Debates04:00 - Two Factors: Interest Rates vs. Congressional Spending 08:00 - Why Lowering Interest Rates May Not Work 12:00 - Key Questions About National Debt 14:00 - Government Debt as an Asset for Others 19:00 - The Federal Reserve's Unusual Relationship with Treasury 23:00 - Michael Hudson's Perspective on National Debt 27:00 - Paper Currency as Government Debt 31:00 - How Dollars Circulate Globally 35:00 - Foreign Central Bank Reserves 39:00 - The Dollar Standard Replacing Gold45:00 - The Federal Reserve Holding Treasury Bills 49:00 - Why the Debt Can't Be Repaid 53:00 - Financial Markets vs. Real Economy 57:00 - National Security Risks of Debt⁠Visit https://remnantfinance.com for more informationFOLLOW REMNANT FINANCEYoutube: @RemnantFinance (https://www.youtube.com/@RemnantFinance)Facebook: @remnantfinance (https://www.facebook.com/profile?id=61560694316588)Twitter: @remnantfinance (https://x.com/remnantfinance)TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE

In a late Friday news dump, Moody's announced it had downgraded U.S. federal government debt. The news sparked a selloff in Treasuries, at least initially. What are the implications for bonds or the economy? It's not what the mainstream thinks it does.Eurodollar University's Money & Macro AnalysisBloomberg What the US Losing Its Last AAA Credit Rating Meanshttps://www.bloomberg.com/news/articles/2025-05-19/us-lost-moody-s-aaa-credit-rating-what-s-at-stake-for-marketsS&P Global August 5, 2011https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/6802837Fitch August 1, 2023https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

With everything that's going on in the US, it makes sense that foreign investors decided to dump US T-Bills. But what does this mean for the government debt market and the future of the USD?Join the Patreon here: https://www.patreon.com/PeterZeihanFull Newsletter: https://mailchi.mp/zeihan/the-fire-hose-of-chaos-government-debt

In this episode of the Shepherd Press Podcast, host Anthony Russo welcomes John Temple to discuss his book 'Help. I'm Drowning in Debt.' John Temple shares his background, having grown up in South Africa and built a successful business career, and his commitment to applying biblical principles to everyday life, including finances. Temple provides practical advice on managing debt, the pitfalls of borrowing, and the importance of financial prudence and biblical stewardship. The conversation emphasizes the need for Christians to prioritize their relationship with God over material possessions and to make financial decisions that reflect eternal values rather than conforming to a consumerist lifestyle.00:23 Introducing John Temple01:08 Debt Crisis in America03:54 Government Debt vs. Personal Debt05:36 Causes of Debt06:45 The Influence of Consumerism09:01 Biblical Perspective on Debt14:53 Practical Advice on Managing Debt19:29 The True Cost of Financing24:25 Conclusion and Final ThoughtsGrab a copy of our mini-book 'Help! I'm Drowning in Debt' here:https://www.shepherdpress.com/products/help-im-drowning-in-debt/Follow Shepherd Press on social media for more insights:Facebook: @shepherdpressInstagram: @shepherdpressinc

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National debt figures are staggering, running to trillions of pounds in the UK and tens of trillions of dollars in the US. Headlines warn of unsustainable paths and ticking time bombs under our economies. But is government debt really out of control? And in today's Dumb Question of the Week: Is government debt just like household debt, only much bigger? --- Thank you to Trading 212 for sponsoring this episode. Claim free fractional shares worth up to ‎£⁠100. Just create and verify a Trading 212 Invest or Stocks ISA account, make a minimum deposit of £1, and use the promo code "RAMIN" within 10 days of signing up, or use the following link: Sponsored Link. Terms apply - trading212.com/join/RAMIN When investing, your capital is at risk and you may get back less than invested. Past performance doesn't guarantee future results. Pies & Autoinvest is an execution-only service. Not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. Free shares can be fractional. 212 Cards are issued by Paynetics which provide all payment services. T212 provides customer support and user interface. Terms and fees apply. ---Get in touch

Kerry Lutz and John Rubino discussed the recent significant price increases in gold and copper, both reaching all-time highs. John highlighted that gold has outperformed the S&P 500 over the past two decades, while copper's importance is growing due to its role in energy transitions and AI technologies. They noted favorable conditions for mining stocks, which are benefiting from rising metal prices and stable costs. Sandstorm Gold was mentioned as a company positioned for growth, focusing on reducing debt and increasing cash flow from higher sales. The conversation also included a cautionary note about the necessity for major mining companies to pursue mergers and acquisitions to address depleting reserves. The performance of gold, silver, the S&P 500, and tech stocks since 1999 was analyzed, revealing that gold yielded about 9% compared to the S&P 500's 5%. John explained that the liquidity injected into the economy has inflated asset prices, suggesting that some overvalued assets may be due for a crash. Historical trends indicate that tech stocks, after a period of high returns, often experience significant declines. Lutz agreed, emphasizing that even high-quality tech stocks can drop dramatically when overvalued, highlighting the need for caution among investors. John expressed optimism about gold and silver's future performance, advising investors to maintain a diverse portfolio in the mining sector and to consider cashing out during acquisitions. Lutz pointed out the mixed success of major mining companies with acquisitions, often leading to overpayment for assets. The discussion also touched on the broader economic landscape, including unprecedented government debt and spending patterns, with concerns about how this liquidity could impact financial assets, potentially leading to inflation or boosting speculative stocks. The conversation shifted to the pervasive fraud in government funding, particularly through NGOs, and the financial benefits for individuals in the political and expert classes. They critiqued the cycle of dependency and corruption that arises from large sums of money being funneled back into political campaigns. Additionally, they proposed the creation of a museum dedicated to corruption in Washington, D.C., envisioning it as both a serious proposal and a satirical commentary on political issues. The discussion concluded with a focus on the lucrative potential of selling citizenship cards, reflecting a shift in the perception of citizenship as a valuable brand. Find John here: https://rubino.substack.com Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe

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Freddie New is the Head of Policy at Bitcoin Policy UK, advocating for sensible Bitcoin regulations in the United Kingdom. With a background in law and lobbying, he works tirelessly to educate policymakers and the public about Bitcoin's potential in the UK financial landscape.› Follow Freddie: https://twitter.com/freddienew› Bitcoin Policy UK: https://bitcoinpolicy.ukSPONSORS

U.S. Government Debt Crisis: Understanding the Coming Fiscal Reckoning   The Alarming Truth About U.S. Government Finances In this eye-opening episode of The Tom Dupree Show, host Tom Dupree shares […] The post U.S. Government Debt Crisis: Understanding the Coming Fiscal Reckoning HOUR3 3-08-35 appeared first on Dupree Financial.

Armando and Robert discuss the strategic reserve, how the govt can leverage crypto for the federal debt. They also discuss updates with coins such as XRP and Cardano.

Kevin Brucher discusses the significant milestone of 'Peak 65', where a large number of baby boomers are retiring. He emphasizes the importance of being financially prepared for retirement, the challenges posed by Social Security, and the need for diversified income streams. The discussion also covers investment strategies, the role of annuities, and the importance of personalized financial advice. Additionally, they touch on government debt and fiscal responsibility, urging listeners to avoid debt traps and prioritize financial discipline. Call 800-975-6717. Visit Silver Leaf Financial to learn more.See omnystudio.com/listener for privacy information.

After sending congratulations to the Super Bowl champion Eagles, today we dive into a dense and important topic: the U.S. federal debt. There's a lot of fear and misinformation around this issue, so we break down what the numbers really mean and how they compare to history.Alex kicks things off by clarifying key terms. A deficit occurs when the government spends more than it brings in during a given year. The debt is the accumulation of all past deficits, minus any surpluses. The U.S. has run a deficit in 46 of the last 50 years, meaning it consistently spends more than it collects in revenue. To cover these shortfalls, the government borrows money by selling treasury securities to investors, institutions, and foreign governments. The debt's significance is often measured against the country's total economic output—its debt-to-GDP ratio—which has averaged about 64% since 1939 but has spiked dramatically at key moments in history.We've seen two major surges in debt-to-GDP: during World War II, when it reached 120%, and during COVID-19, when emergency spending pushed it to 125%. While this ratio has come down slightly since the pandemic, it remains historically high. Similarly, the deficit-to-GDP ratio, which measures the size of the annual shortfall relative to economic output, has averaged 3.4% over time but ballooned to around 6.4% in recent years.Ed walks us through the current numbers. As of 2025, the U.S. total debt stands at $36.2 trillion, with about $28.9 trillion held by the public and $7.3 trillion held by government programs like Social Security. Given that GDP is around $29 trillion, our debt-to-GDP ratio sits at 120%, nearly double its long-term average. The U.S. ran a $1.8 trillion deficit in 2024 and is on track for a similar shortfall in 2025. Experts believe a sustainable deficit level should be closer to 3% of GDP, meaning we'd need to close a $1 trillion annual gap through tax increases, spending cuts, or a mix of both.A common concern we address is the idea that foreign nations “own” the U.S. through debt holdings. In reality, only about 23% of U.S. debt is held by foreign countries, with Japan and China being the largest holders. However, they invest in U.S. debt not to control us but because U.S. treasuries are among the safest assets in the world.So, should we be panicking? Not necessarily. As Ed reminds us, people have been warning about a debt crisis for decades. Ross Perot famously made it a central issue of his 1992 presidential campaign when the debt was just $4 trillion.  And yes, we may have detoured for a moment into Ross Perot and "Dana Carvey doing Ross Perot" impressions.Today's debt and deficit numbers are bigger, but so is the U.S. economy. While the current trajectory isn't sustainable forever, it's not an immediate crisis either—more of an issue that will need to be addressed over time.If you're wondering how these macroeconomic trends impact your personal financial planning, feel free to reach out. Visit Birch Run Financial, email info@birchrunfinancial.com, or call 484-395-2190. You can always email Alex and Ed at info@birchrunfinancial.com or give them a call at 484-395-2190.Or visit them on the web at https://www.birchrunfinancial.com/Alex and Ed's Book: Mastering The Money Mind: https://www.amazon.com/Mastering-Money-Mind-Thinking-Personal/dp/1544530536 Any opinions are those of Ed Lambert Alex Cabot, and Jon Gay and not necessarily those of RJFS or Raymond James. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. There is no assurance any of the trends mentioned will continue or forecasts will occur. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The examples throughout this material are for illustrative purposes only. Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional. Diversification and asset allocation do not ensure a profit or protect against a loss. Past performance is not indicative of future returns. CDs are insured by the FDIC and offer a fixed rate of return, whereas the return and principal value of investment securities fluctuate with changes in market conditions. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. Stock Market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Future investment performance cannot be guaranteed, investment yields will fluctuate with market conditions. International investing involves special risks, including currency fluctuations, differing financial accounting standards, and possible political and economic volatility. There is an inverse relationship between interest rate movements and bond prices. Generally, when interest rates rise, bond prices fall and when interest rates fall, bond prices generally rise. Investing in small cap stocks generally involves greater risks, and therefore, may not be appropriate for every investor. The prices of small company stocks may be subject to more volatility than those of large company stocks. Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Birch Run Financial is not a registered broker/dealer and is independent of Raymond James Financial Services. Birch Run Financial is located at 595 E Swedesford Rd, Ste 360, Wayne PA 19087 and can be reached at 484-395-2190. Any rating is not intended to be an endorsement, or any way indicative of the advisors' abilities to provide investment advice or management. This podcast is intended for informational purposes only.Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors.Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users or members.

With the US imposing new tariffs on Chinese exports, the state of the country's domestic economy has become all the more crucial. Despite healthy export growth in recent years, at home consumer confidence has plummeted, with rising youth unemployment and a slump in the once booming housing market. Will recent government steps to reassure consumers and entrepreneurs and stimulate property sales be enough to revive the economy? Or does soaring local government debt mean more creative solutions are required?In this episode, we hear two perspectives on China's economic challenges — from economist Andy Rothman, founder of Sinology LLC, and Professor Victor Shih, director of the 21st Century China Center at the University of California San Diego, and author of the newly published book, Elite Conflicts and the Path to Economic Decentralization (2025, CUP).________________________________________The views and opinions expressed on this podcast are those of the speakers and are not necessarily those of the SOAS China Institute.________________________________________SOAS China Institute (SCI) SCI Blog SCI on X SCI on LinkedIn SCI on Facebook SCI on Instagram ________________________________________Music credit: Sappheiros / CC BY 3.0

Kevin DeMeritt: Trump and the Dangers of Government Debt.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Paying off tax debt can be difficult for people who are having a hard time making ends meet. And when state tax officials hire private debt collectors the methods get controversial. Michael Pope reports. 

Beijing's latest support package targets years of off-book borrowing and growing fiscal challenges Note: The conversation segment of this episode was generated using AI and has been edited for accuracy. It is based on a Caixin story: In Depth: China's Multitrillion-Dollar Salve for Local Government Hidden Debt Subscribe now to unlock all coverage from Caixin Global and The Wall Street Journal for just $200 a year, enjoying a 66% discount. Group discounts are available — contact us for a customized plan.

After months of weak economic performance, Beijing has introduced a series of measures aimed at stabilizing the economy. They include a 10 trillion yuan local government debt restructuring package.To shed light on the blatant levels of local government indebtedness, Claudia Wessling, Director Communications and Publications at MERICS, talks to Victor Shih and Max Zenglein. Victor is a professor of political science, director of the 21st Century China Center at the School of Global Policy and Strategy and the Ho Miu Lam Chair in China and Pacific Relations at UC San Diego. Max is the Chief Economist at MERICS and the driving force behind the Economic Indicators, a quarterly series of analyses for MERICS members that puts China's economic statistics into context. --This podcast episode is part of the “Dealing with a Resurgent China” (DWARC) project, which has received funding from the European Union's Horizon Europe research and innovation programme under grant agreement number 101061700. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them. 

The Government's financial books have sunk further into debt in the year to June, with Treasury revealing the deficit on the Crown books deepened by $3.4 billion. It was also $1.8 billion worse than Treasury forecast in the May budget. Minister of Finance Nicola Willis joins Francesca Rudkin to explain why. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jamaica's economy struggled for decades, and at one point it had amassed debts worth more than 140 per cent of GDP. Even the IMF wouldn't return its calls. But somehow, in the 2010s, it managed to halve its government debt – over just seven years. Today on the show, we ask how they did it, and what lessons Jamaica can teach much larger economies. Soumaya Keynes writes a column each week for the Financial Times. You can find it hereSubscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into the initial unemployment claims, PCE Inflation report, government debt, China, and the equities market.Speakers:Brian Pietrangelo, Managing Director of Investment StrategyConnor Cloetingh, Senior Equity AnalystGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed Income01:38 – The initial unemployment claims for the week ending September 21 were reported at 218,00002:50 – Overall Personal Consumption Expenditures (PCE) slowed down from July with a reading of 0.5% to 0.2% in August. Additionally, the PCE Inflation month-over-month data came in at 0.1% in August04:50 – Being the first inflation report since the September rate cut, the PCE Inflation data validated the Federal Reserve's rate cut decision, and opened the door for another 50-basis point cut heading toward the end of the year10:53 – Comments on government debt and its impact on the bond market 14:03 – As government debt has affected markets worldwide, we hear how China's economic standing is influencing the equities market – particularly with material and commodity pricesAdditional ResourcesKey Questions: 25 or 50... Is That Really the Question? | Key Private Bank Key Questions | Key Private BankSubscribe to our Key Wealth Insights newsletterEconomic & Market ResearchWeekly Investment BriefFollow us on LinkedIn

One of the major structural factors impacting government financing is the massive scale of public money needed to ensure the transition to a carbon neutral economy. How are trends in government debt issuance evolving as they relate to sustainability? Alex Caridia, head of public sector markets at RBC and Heather Taylor, partner, climate change and sustainability at EY, join OMFIF lead economist Taylor Pearce to discuss. The conversation is a part of OMFIF's workstream on the Future of public money project. 

PersonalYogaGolf LessonMarketsS&P500 up 20%VGT up 19%Dividends/value up 11%. 3.36% yieldBTW: 5 years ago you buy VGT: you're up 2.7x. $100k = $270kVOO: up 2x  = $200kAt 7% annualized return = double in 10 years. At 10% annualized return = double in 7 years. At 20% annualized return = double in 4 yearsFed just cut by 0.5%. First cut since 2020. I.e. Covid. Current federal-funds rate is at 5.25% to 5.50%, Expect 0.75% of cuts in 2024. Meeting Sept 18. 2 more this year. 2.00% to 2.25% by year-end 2026.So what does this mean? Money Market lower returns.Mortgage rates should come down. Car loans down. Good for Tesla. Government Debt per WSJAccording to recent data, interest expense currently makes up around 13% of the US government budget, representing the third largest spending category behind Social Security and Medicare.Demand for AIListen to Larry Ellison explaining the crazy demand for AI. Netflix:All time high.I still think its recession proof! Seems like Q4 subscription #'s should be HUGE! WHY?  New events:  Boxing: Tyson and Jake PaulThe fight, which will be held over eight two-minute rounds, will now take place on November 15 at the At&T Stadium in Texas.Tyson, 58 is 30 years older than Jake. Squid game: Squid Game Season 2 will premiere on Dec. 26, Most-watched series: Squid Game became Netflix's most-watched series and the most-watched program in 94 countries.NFL Football x-mas. On Dec. 25, 2024, we'll be the global home of the NFL's two Christmas Day marquee games:TeslaTesla Semi: PepsiCo drivers love it. PepsiCo said today that their drivers who operate the company's Tesla Semi trucks have reported that, after driving the electric truck, they don't want to go back to driving a diesel truck.Elon on All In Podcast Summit15:40 on Fresh Water dumping and $140k fine. Inspiration. Uncrewed landing to Mars in 2026 Crews in 2028 if successful (and if government gets out of way). Recommendations:All In - Megyn KellyAll In - John Mearsheimer and Jeffrey Sachs. Univ of Chicago and Columbia. All In - Interview with Dave PortnoyNapoleon on Apple. 

Secession may seem like a dirty word, but it has happened many times in history and it's worth understanding the political and economic benefits it can yield. Ryan McMaken, Executive Editor and Economist at the Mises Institute joins me to discuss his book, Breaking Away.  Summary In this conversation, Stephan and Ryan McMaken discuss the topic of secession and its advantages. They explore the historical and theoretical context of secession, highlighting the benefits of radical decentralization and the success of small, economically prosperous states.  They also examine the conditions that enable breakaway states, including economic factors, military power, and ethnic or nationalistic identity. The conversation emphasizes the need for people to come to terms with the reality that the federal government cannot offer long-term economic prosperity and that unity does not necessarily mean shared values or interests.  The conversation explores the challenges and potential solutions related to secession and breakaway movements. It discusses the negotiation process for exiting a larger government entity, the impact on national debt and pension obligations, and the historical examples of successful secession.  The conversation also touches on the Brexit movement and the potential for secession movements in the United States. It emphasizes the importance of developing competing elites at the state level and gradually asserting more local control over policies and resources. Takeaways Radical decentralization and the success of small, economically prosperous states are key advantages of secession. Breakaway states often emerge when the benefits of political unity no longer outweigh the benefits of separation. Conditions that enable secession include economic factors, military power, and ethnic or nationalistic identity. The federal government cannot guarantee long-term economic prosperity, and unity does not necessarily mean shared values or interests. Secession and breakaway movements require careful negotiation, especially regarding national debt and pension obligations. Historical examples show that debt write-downs and negotiations are common in secession processes. Brexit can be seen as a failure or a missed opportunity, depending on one's perspective. Competing elites at the state level can challenge the entrenched interests of the federal government. Gradual steps, such as asserting control over border policy and creating state-level institutions, can pave the way for secession. Developing local revenue sources is crucial to reduce reliance on federal funds and assert more autonomy. Timestamps: (00:00) - Intro (01:00) - What is Secession and why care about it?(05:25) - Why has the number of countries tripled since WW2?(09:00) - Why be Pro-secession? (14:45) - Pros & Cons of a ‘Large' State; Political Decentralization  (19:28) - Sponsors (21:45) - Advantages of smaller countries (27:30) - Conditions that enable the pathway to Secession  (33:11) - Sponsors (41:07) - Dealing with Government Debt & obligations in a Secession (46:23) - Was Brexit a failure? (56:28) - Secession in the USA: A distant dream? (1:02:42) - Elites vs. Counter-elites (1:06:58) - Secession movements in the USA (1:15:39) - Closing thoughts  Links:  https://mises.org/profile/ryan-mcmaken https://mises.org/library/book/breaking-away-case-secession-radical-decentralization-and-smaller-polities  https://x.com/ryanmcmaken Sponsors: Bold Bitcoin CoinKite.com (code LIVERA) mempool.space/accelerator  Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack

My guest this week is Mark Dow. Mark started his career as an economist with the US Treasury and the IMF before he joined Wall Street. Today, he is the founder of behavourialmacro.com and runs a fund that combines his skillsets as a trader and an economist. In this discussion, we talk about why economists are usually bad investors, how Mark approaches markets, and we cover some provocative ideas - including how Quantitive Easing and Tightening have little effect and why Mark's not worried about US debt. Please enjoy this great conversation with Mark Dow For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:01:06) Welcome to Making Markets (00:01:53) Starting the Conversation: Economists as Investors (00:03:31) Transition from Economist to Trader: A Personal Journey (00:05:32) Understanding Market Narratives and Trading Patterns (00:08:09) The Role of the Federal Reserve in Market Narratives (00:09:26) The Impact of Monetary Policy on Market Dynamics (00:09:40) The Behavioral, Secular, and Cyclical Factors Influencing Monetary Policy (00:11:52) The Limitations of the Federal Reserve's Control Over Money Creation (00:14:40) The Behavioral Conditioning of Interest Rates (00:16:26) Understanding the Role of Banks in Money Creation (00:17:16) The Misconceptions about Monetary Policy (00:17:50) The Mechanics of Quantitative Easing (00:18:50) The Impact of Quantitative Easing on the Economy (00:19:55) The Role of Risk Appetite in Lending (00:21:25) The Effect of Economic Expectations on Yields (00:22:19) The Role of the Fed in the Financial System (00:26:53) The Impact of Competitive Pressures on Risk Taking (00:27:13) Understanding the Financial Instability Hypothesis (00:31:01) The Role of Demand in Asset Valuation (00:34:05) Understanding the Market Risk Cycle (00:34:13) The New Cycle and Its Differences (00:35:11) Economic Headwinds and Future Predictions (00:35:41) The Role of Banks and Areas of Concern (00:36:46) The Impact of Debt and the Financial System (00:37:15) The Role of Government Debt and Its Implications (00:37:36) The Stability of Treasuries and the Global Financial System (00:38:07) The Future of the Dollar and Government Debt (00:39:14) The Impact of Growth and Productivity on the Economy (00:40:03) The Risk Cycle and the Role of Institutions (00:42:06) The Impact of Fiscal Deficit and Modern Monetary Theory (00:48:55) Understanding Income Inequality and Asset Price Inflation (00:50:28) The Role of Finance and Technology in Income Inequality (00:53:34) The Future of the Housing Market Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode of Live from the Vault, Andrew Maguire is joined by Andy Schectman, President & Owner of Miles Franklin, one of the first companies to be approved as an authorised reseller of minted products.The precious metals experts open with a discussion about the Bank of International Settlements Project mBridge, before discussing the widespread repatriation of gold by global central banks amid continued developments in the BRICS saga.Andy Schectman: https://milesfranklin.comAsk your questions for Andy here: https://forum.kinesis.money/forums/questions-for-lftv-live-from-the-vault.80/ ___________________________________________________________________Timestamps 00:00 Start 02:50 The Bank of International Settlement's Project mBridge20:39 Chinese gold buying misinformation 30:30 The only central bank still trying to manage the price of gold…39:30 Government Debt 45:00 Breaking something to “Build back better”59:00 UK & US views on gold and silver ___________________________________________________________________Sign up for Kinesis on desktop:https://kinesis.money/kinesis-precious-metals/?utm_source=youtube&utm_medium=video&utm_campaign=lftv_184Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://kms.kinesis.money/signupGoogle: https://play.google.com/store/apps/details?id=com.kinesis.kinesisappAlso, don't forget to check out our social channels where you can stay up to date with all the latest news and developments from the team.X: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Instagram: https://www.instagram.com/kinesismoney/Telegram: https://t.me/kinesismoneyTikTok: https://www.tiktok.com/@kinesismoney

This week on the podcast, our guest is Stephen Poloz, former Governor of the Bank of Canada, Author, Special Advisor at Osler, and recently appointed by Finance Minister Chrystia Freeland to lead a working group to explore how to catalyze greater domestic investments by Canada's pension funds.  This is Stephen's second appearance on the podcast. The first was in 2022 after he released his book The Next Age of Uncertainty. Here are some of the questions Jackie and Peter asked Stephen: What precipitated the thesis that Canadian pensioners are better off with more investment in Canada? What can you say about the pension investment working group, the deliverable you are working towards, and the potential timing? Why has inflation been so persistent in Canada and globally? What are your expectations for Canadian interest rate announcements in the future? Carolyn Rogers, senior deputy governor of the Bank of Canada, recently said in a speech, it's time to “break the glass” and respond to Canada's productivity “emergency” – do you agree that productivity is an emergency? How important is free trade with the United States for Canada's economy? What are your thoughts on the Canadian government committing tens of billions of dollars to support the EV sector in Canada? Are you concerned about Canada's ongoing deficit budgets and growing debt levels?  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/       Check us out on social media:      X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research Institute      Subscribe to ARC Energy Ideas Podcast  Apple Podcasts  Google Podcasts  Amazon Music  Spotify      

Today's Post - https://bahnsen.co/45pEwTs Exploring Market Volatility and the Concept of a Minsky Moment In this episode of Dividend Cafe, David discusses the current volatility and directionlessness in the market, delving into the concept of a 'Minsky moment,' where periods of stability can give rise to instability. They differentiate between short-term market concerns rooted in equity valuations and longer-term economic issues tied to government debt. The episode explores the influence of large cap tech stocks within the S&P 500 and the cyclical nature of market dynamics. David also touches on the importance of maintaining a quality, counter-cultural investment portfolio to mitigate risks associated with economic instability and market euphoria. 00:00 Introduction and Market Overview 00:25 Understanding the Minsky Moment 03:10 Historical Context and Personal Insights 07:27 Application to Current Market Conditions 09:20 Government Debt and Long-Term Economic Impact 11:34 Cap-Weighted vs. Equal-Weighted Indexes 15:21 Final Thoughts and Father's Day Wishes Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Robert Stheeman, the departing chief executive of the UK Debt Management Office, joins Burhan Khadbai, head of content at OMFIF's Sovereign Debt Institute, to recall the highs and lows of more than two decades managing the gilt market. Stheeman discusses dealing with crises including the infamous 2022 mini budget, how the gilt market has evolved, the importance of maintaining the primary dealer system and more.

Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/podcast or Call 866-349-3310

Chris Casey of WindRock Wealth Management joins to explain the shocking truths about the Fed's policies and how they might be driving us toward recession. In this episode of Wealthion, host Andrew Brill sits down with Chris Casey, Founder and Managing Director of WindRock Wealth Management, to explore whether or not the Fed is driving the U.S. into recession. Chris exposes the hidden realities behind the Federal Reserve's interest rate decisions and their drastic impact on inflation and the economy. Learn why artificially low rates might be setting us up for economic disaster and uncover the tools the Fed uses to manipulate the financial system. Chris also discusses the potential for stagflation, drawing parallels to the economic turmoil of the 1970s. TIMESTAMPS: 0:00 - Introduction 1:52 - The Federal Reserve 3:48 - Tools of the Fed: Monetary Policy Explained 6:58 - Fractional Reserve Banking and Bank Failures 8:28 - CPI and Market Reactions 9:41 - Concerns About Stagflation 11:29 - The Fed's Predictive Failures 13:51 - Interest Rates: Historical Context 16:32 - Are We Heading for a Recession? 19:56 - Understanding the Yield Curve 21:33 - Government Debt and Bond Yields 23:42 - The Dilemma: Raise Rates or Cut Rates? 26:43 - The Autonomy of the Fed 29:24 - Future Economic Outlook and Fiscal Challenges 30:59 - Closing Remarks

Is the crypto market on the verge of a potential crash? Peter McCormack, Host of 'What Bitcoin Did', explains how to protect your crypto portfolio, dives into the current state of Bitcoin and crypto markets and how to keep your investments secure throughout the year. In this episode of 'Speak Up,' Anthony Scaramucci is joined by Bitcoin Expert, Peter McCormack. The two try to make sense of the volatile crypto market and explain the impact it could have on your wallet or portfolio. Peter, also unpacks the latest market trends, offers vital strategies for growing your investments and answers viewer questions. They'll also explore the geopolitical impact on the economy and Bitcoin, with perspectives on events in Ukraine and Gaza. Peter also touches on the significance of Bitcoin ETFs and the future of AI in Bitcoin mining. WEALTHION SPECIAL OFFER: Get 10% off of Anthony Scaramucci's new book 'From Wall Street to the White House and Back.' Learn from the successes, the fights, and the failures of businessman and former White House Communications Director Anthony Scaramucci. Click here to order Anthony's new book and take advantage of this exclusive offer: ⁠https://geni.us/wealthionoffer⁠ TIMESTAMPS: 0:00 - Introduction 1:15 - Current Economic Landscape and Inflation 3:57 - Real-Life Business Challenges and Inflation Impact 8:23 - Government Debt and Inflation 12:01 - Geopolitical Impact on Economy and Bitcoin 20:08 - Roaring Kitty and Meme Stocks 24:03 - Bitcoin as a Store of Value 31:57 - Bitcoin ETFs and Future Projections 36:03 - AI and Bitcoin Mining 41:07 - Final Thoughts

It is safe to say that everyone has heard the U.S. government is carrying a $34 trillion debt. That sounds alarming! Today, my guest and colleague, Jordan Hadfield, will explain why that might not be as concerning as you may initially think. 

This week on Econ 102, Noah Smith and Erik Torenberg discuss the pros and cons of Biden's tax plan based on Noah's recent essay. They also answered listener questions on the German economy's success, Japan's government debt management, and strategies for staying well-informed on economic issues. Recommended Podcast: Company Breakdowns Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episodes are on Reddit, Klaviyo and Rubrik - which just IPO'd. Spotify: https://open.spotify.com/show/0epyYBAxLeF0PsNagdDJAJ Apple: https://podcasts.apple.com/us/podcast/company-breakdowns/id1743119197 -- SPONSORS: BEEHIIV | HARMONIC Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox.

We are partnering with SALT to offer our Wealthion community an exclusive opportunity to access a full day of top-tier financial insights and networking opportunities — all from the comfort of your own home and at a fraction of the cost of attending in person. Learn more here: https://wealthion.com/lp/salt24conference/ ______ In this episode, host Andrew Brill sits down with Peter Boockvar, Chief Investment Officer at Bleakley Financial Group and author of the Boock Report. Together, they tackle the stubborn inflation gripping the economy, the looming crisis in commercial real estate refinancing, and the risk of a “death by a thousand cuts” scenario. Peter shares his strategies for protecting and building wealth amid unprecedented market volatility, offering valuable insights into how to navigate the turbulence ahead. Learn why he believes precious metals, commodities, and international markets can help safeguard your portfolio and where he sees opportunities for significant growth. Did you enjoy this episode? Like, subscribe and let us know in the comments! Timestamps: 0:00 - Introduction & Fed Decision Analysis 0:47 - Mixed & Uneven Economy Analysis 7:08 - Commercial Real Estate Refinancing Crisis 10:09 - U.S. Government Debt & Inflation Impact 12:25 - Yield Curve Inversion Explained 15:46 - Global Central Bank Policies & Inflation 17:28 - Wage Growth & Inflation Dynamics 23:18 - Earnings Season Insights 26:38 - Housing Market & Homebuilder Trends 29:39 - Investing in Precious Metals & Commodities 31:08 - Market Volatility & Wealth Protection Strategies 32:57 - Conclusion

Recently on Twitter, as a reaction to an FT post worrying about the growing debts of various governments, fans of MMT were posting screenshots from a May 2020 FT debate involving Stephanie Kelton. The implication was that Kelton had correctly predicted that government debt would be benign. Bob and guest Jonathan Newman dissent. Stephanie Kelton and Edward Chancellor's Debate on Government Debt: https://Mises.org/HAP445a Martin Wolf's Article on Government Debt: https://Mises.org/HAP445b Bob's Debate with Warren Mosler on MMT: https://Mises.org/HAP445c Bob and Jonathan's Episode on Price Inflation: https://Mises.org/HAP445d Bob's Article on the Economic Outlook for the US: https://Mises.org/HAP445e

Listener Q&A where Andy talks about: Am I concerned about the increasing amount of US government debt, and how do I think it will impact retirees' investments ( 1:32 )Are there any custodians that offer Roth versions of SEP IRAs ( 16:58 )Is there a simple way to estimate what your total taxes will be for the year ( 19:28 )Could it make sense to invest in municipal bonds instead of bonds where the interest is taxable - even if the after-tax yield of the non-municipal bonds is higher - if the interest from the municipal bonds will have smaller impact on Modified Adjusted Gross Income for things like Medicare premium surcharges and Affordable Care Act premium tax credits ( 26:01 )A listener's feedback on why he feels a living/revocable trust was a good idea for him ( 31 :48 )How much money is TOO MUCH to have in a Health Savings Account ("HSA") ( 36:16 )Is it better to take a year's Required Minimum Distribution ("RMD") all at once, or spread out throughout the year ( 42:05 )Links in this episode:My company newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOWhttps://www.eurodollar.university/sales-page-springUST yields are up somewhat sharply since early April, raising questions as to why that is. High on the public list of suspects is a government bond crisis for obvious Uncle Sam insanity reasons. Others point to possible reflation in higher yields. We do have a solid, historically validated answer for Treasuries, but it's written in German. Eurodollar University's Money & Macro Analysishttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Lisa and I discuss the importance of grace in marriage. I explain the horror of the national debt, the follow of Abraham lying about Sarah, again. I look back to 1979, minus the 45 years between then and 1934, and celebrate the power of God's glory.

The post-Valentine's Day afterglow; Markets are not behaving like it's February (typically a weaker month), so far. The NFIB Small Business Survey belies weaker conditions and negative sentiment; there is a correlation between the NFIB and Small Cap Index. Markets continue to do well, despite weaker economic activity; bonds showing promise; NVIDIA captures 3rd place in S&P 500, unseating Amazon & Google. Commentary on pending legislation to reclassify Homelessness as a Healthcare issue; economic data preview: Retail Sales could be weaker; PPI and weaker regional manufacturing reports; the impact of Government Debt is a drag on economic growth; the continuing effects of fiscal stimulus. The Components of CPI: Homeowners Equivalent Rent/Shelter vs PCU (what the Fed looks at); the flaws in sampling data: Focus on trends, not monthly data. The consequences of too much debt, with Japan as an example, now in recession. China, Germany, and Japan are all in recession, yet the US remains immune? Toyota vs Tesla: 9% of US car sales are hybrid. The next advance in battery technology: Solid state Lithium batteries. Toyota is in the lead; Tesla is working on version 2.0 of current battery (no pun intended). SEG-1: Markets Aren't Behaving Like it's February SEG-2: Reclassification of Homelessness; the Impact of Government Debt SEG-3: Looking at the Components of CPI SEG-4: Is Toyota the Next Tesla? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Register for our next Candid Coffee: "Five Money Habits of Unhappy Couples," Saturday, February 24, 2024: https://streamyard.com/watch/xRDYWQQqdFaF -------- Watch today's show video here: https://www.youtube.com/watch?v=4bcTBUuxKO8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=502s -------- Articles mentioned in this report: "Is Toyota The Next Tesla?" https://realinvestmentadvice.com/is-toyota-the-next-tesla/ "Divergences And Other Technical Warnings" https://realinvestmentadvice.com/divergences-and-other-technical-warnings/ "This Is Nuts & Why We Reduced Risk On Friday 01-11-20" https://realinvestmentadvice.com/this-is-nuts-why-we-reduced-risk-friday/ "Housing Is Unaffordable. Dems Want To Make It Worse." https://realinvestmentadvice.com/housing-is-unaffordable-dems-want-to-make-it-worse/ "Investors Sentiment Is So Bullish It Is Bearish" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Retail Sales Dip .8%," is here: https://www.youtube.com/watch?v=q8TkxPAzGVw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "It's CPI Day! - the impact that gas prices may have" https://www.youtube.com/watch?v=XG-pTiLGkks&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=195s -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #SP5000 #RetailSalesDisapploint #WeakerEconomicActivity #ReclassificationOfHomelessness #ToyotaVsTesla #HyrbridAutomobileTechnology #SolidStateLithiumBattery #Markets #Money #Investing

The post-Valentine's Day afterglow; Markets are not behaving like it's February (typically a weaker month), so far. The NFIB Small Business Survey belies weaker conditions and negative sentiment; there is a correlation between the NFIB  and Small Cap Index. Markets continue to do well, despite weaker economic activity; bonds showing promise; NVIDIA captures 3rd place in S&P 500, unseating Amazon & Google. Commentary on pending legislation to reclassify Homelessness as a Healthcare issue; economic data preview: Retail Sales could be weaker; PPI and weaker regional manufacturing reports; the impact of Government Debt is a drag on economic growth; the continuing effects of fiscal stimulus. The Components of CPI: Homeowners Equivalent Rent/Shelter vs PCU (what the Fed looks at); the flaws in sampling data: Focus on trends, not monthly data. The consequences of too much debt, with Japan as an example, now in recession. China, Germany, and Japan are all in recession, yet the US remains immune? Toyota vs Tesla: 9% of US car sales are hybrid. The next advance in battery technology: Solid state Lithium batteries. Toyota is in the lead; Tesla is working on version 2.0 of current battery (no pun intended). SEG-1: Markets Aren't Behaving Like it's February SEG-2: Reclassification of Homelessness; the Impact of Government Debt SEG-3: Looking at the Components of CPI SEG-4: Is Toyota the Next Tesla? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Register for our next Candid Coffee: "Five Money Habits of Unhappy Couples," Saturday, February 24, 2024: https://streamyard.com/watch/xRDYWQQqdFaF -------- Watch today's show video here: https://www.youtube.com/watch?v=4bcTBUuxKO8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=502s -------- Articles mentioned in this report: "Is Toyota The Next Tesla?" https://realinvestmentadvice.com/is-toyota-the-next-tesla/ "Divergences And Other Technical Warnings" https://realinvestmentadvice.com/divergences-and-other-technical-warnings/ "This Is Nuts & Why We Reduced Risk On Friday 01-11-20" https://realinvestmentadvice.com/this-is-nuts-why-we-reduced-risk-friday/ "Housing Is Unaffordable. Dems Want To Make It Worse." https://realinvestmentadvice.com/housing-is-unaffordable-dems-want-to-make-it-worse/ "Investors Sentiment Is So Bullish It Is Bearish" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Retail Sales Dip .8%," is here:  https://www.youtube.com/watch?v=q8TkxPAzGVw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "It's CPI Day! - the impact that gas prices may have" https://www.youtube.com/watch?v=XG-pTiLGkks&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=195s -------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #SP5000 #RetailSalesDisapploint #WeakerEconomicActivity #ReclassificationOfHomelessness #ToyotaVsTesla #HyrbridAutomobileTechnology #SolidStateLithiumBattery #Markets #Money #Investing

An important way to tackle America's debt problem is to devolve a large part of federal spending to the states, allowing them to fund it themselves. Chris Edwards explains in a new paper. Hosted on Acast. See acast.com/privacy for more information.

Full interview with Brent Johnson on Eurodollar Dominancehttps://funnel.eurodollar.university/dollarYou won't believe how much debt our broke government issued last year. MULTIPLE trillions. At the same time, the Federal Reserve did three-quarters of a trillion USTs roll off its balance sheet (QT). Rather than destroy the Treasury market or bonds in general, quite the opposite has happened. You NEED to ask yourself WHY. There is no soft landing here.Eurodollar University's Money & Macro AnalysisTBAC Most Recent Quarterly Refundinghttps://home.treasury.gov/policy-issues/financing-the-government/quarterly-refunding/most-recent-quarterly-refunding-documentsTBAC Treasury Borrowing Estimates for Q1 2024https://home.treasury.gov/news/press-releases/jy2054https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

On a recent installment of the Pynx debate series, Bob had a friendly debate with Dean Baker on a soft or hard landing in 2024. In this episode of the Human Action Podcast, Bob comments on the key disputes, underlying the differences between the Austrian and Keynesian frameworks. Bob's Debate with Dean Baker: Mises.org/HAP427a Bob's Paper on the Inverted Yield Curve: Mises.org/HAP427b Bob's Mises University Talk on Government Debt: Mises.org/HAP427c   Join Tom DiLorenzo, Joe Salerno, and Patrick Newman in Tampa on February 17: Mises.org/Tampa2024Use code "Action24" for 15% off admission. Human Action Podcast listeners can get a free copy of Murray Rothbard's Anatomy of the State: Mises.org/HAPodFree]]>

In this compilation program, Steve Peasley and Justin Klein field a variety of finance and investment questions from callers across the United States and around the world.Today's Stocks & Topics: Rental Properties, How Much Cash, Index Funds, Investing Signs, Credit Cards, Gold & Silver, Low Contribution Limits, Natural Gas, Credit Ratings, KPP Investing Plans, U.S. Government Debt, The Dollar, Energy Stocks vs. XLE, Treasuries.Our Sponsors:* Check out Greenlight.com/investtalk and try Greenlight for free.* Check out Rosetta Stone for a great deal: https://www.rosettastone.com/TODAYAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

On episode 330 of Animal Spirits, Michael Batnick and Ben Carlson discuss: inflation coming down, the continued strength of the US consumer, Howard Marks on investing for a sea change, the risk-reward in bonds, what would happen if the US government paid off its debts, EMH in crypto, the worst case scenario for the housing market, and much more! Thanks to iShares for sponsoring this episode. To learn more about the iShares Semiconductor ETF (SOXX), visit: https://www.ishares.com/us/products/239705/ishares-semiconductor-etf Thanks to Kaplan for sponsoring this episode. Learn more about the Chartered Retirement Plans Specialist designation at: https://www.kaplanfinancial.com/wealth-management/crps?utm_source=animal_spirits_podcast&utm_medium=podcast&utm_campaign=animal_spirits_partnership&utm_content=crps Find complete show notes on our blogs... Ben Carlson's A Wealth of Common Sense Michael Batnick's The Irrelevant Investor Feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation.   Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com   Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Last year, the Inflation Reduction Act was signed into law as the Biden Administration's signature attempt to combat climate change. Today, we present three climate-related indicators with guest Nate Hegyi of the public radio podcast, Outside/In.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

On Jan. 19, the United States officially hit its debt limit. In response, the Treasury Department began using accounting maneuvers known as “extraordinary measures” to continue paying the government's obligations temporarily. But according to Treasury Secretary Janet Yellen, that money could run out as soon as June 1. If the United States hasn't raised or suspended its borrowing cap, known as the debt ceiling, by then, America will default on its debt.But Republicans are currently refusing to raise the debt ceiling until their policy demands are met. Negotiations between House Speaker Kevin McCarthy and the Biden administration are ongoing, but it is very difficult to see a deal that McCarthy's hard-line members would vote for and Biden would sign. Meanwhile, default — and the accompanying economic calamity — draws ever closer.Veronique de Rugy is an economist at the Mercatus Center at George Mason University and a nationally syndicated columnist. For years, she's argued that the United States' debt levels are far too high and has defended the debt ceiling as a way to rein them in. I disagree. In my view, the debt ceiling is one of the most absurd and dangerous laws on the books. So I invited her on the show to make her case.But I also wanted to talk about the broader fiscal picture on which this entire fight is predicated. America's debt is currently about 100 percent of the U.S. G.D.P., up from just 35 percent in 2007, and is projected to reach 185 percent by 2052. Meanwhile, Social Security is projected to run out of its cash reserves by 2033, and the trust fund funding Medicare hospital coverage (Medicare Part A) is projected to run out by 2028.What do those numbers actually mean? How worried should we be about them? And what could be done to address our growing debt?Mentioned:“The Debt-Ceiling Fight Is a Symptom of Congress's Disease” by Veronique de Rugy“The Liquidation of Government Debt” by Carmen M. Reinhart and M. Belen SbranciaBook Recommendations:Range by David EpsteinKindly Inquisitors by Jonathan RauchLet Them In by Jason L. RileyThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode of “The Ezra Klein Show” was produced by Roge Karma. Fact-checking by Michelle Harris, Mary Marge Locker, and Kate Sinclair. Mixing by Jeff Geld. Our production team is Emefa Agawu, Annie Galvin, Jeff Geld, Roge Karma and Kristin Lin. Original music by Isaac Jones. Audience strategy by Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. And special thanks to Carole Sabouraud and Kristina Samulewski.