What Everyone Gets Wrong About Global Debt
- Podcast Episode
- 2023
- 17m
![Economics Explained (2020)](https://m.media-amazon.com/images/M/MV5BNzU0N2ZjYTYtNDEyNS00MDNjLWFkMzAtMjgzY2RhY2YwOGIyXkEyXkFqcGdeQXVyMTYyODExOTEz._V1_QL75_UX190_CR0,0,190,190_.jpg)
Public debt works differently that individual debt because it has to be repaid back to ourselves by our future selves. So regardless of the size of the debt it is important that debt is inve... Read allPublic debt works differently that individual debt because it has to be repaid back to ourselves by our future selves. So regardless of the size of the debt it is important that debt is invested to produce future value so we have more money to pay back the debt than we need.Public debt works differently that individual debt because it has to be repaid back to ourselves by our future selves. So regardless of the size of the debt it is important that debt is invested to produce future value so we have more money to pay back the debt than we need.