Today’s video from Mike Maloney is a must-watch. In this clip, you’ll learn how the National Debt is a huge open pit that we are constantly digging deeper into the future, while supporting ourselves with nothing but a flimsy trapdoor. It is one of Mike’s best analogies to date, we hope it helps your understanding of what we currently face. Enjoy.
Mike Maloney considers the following as important: Debt Ceiling, government spending, inflation, Michael Maloney, News, U.S. National Debt
This could be interesting, too:
Mises Institute writes ¿Necesita la Fed más progresistas?
Mises Institute writes Pre-Columbian America Wasn’t Exactly a Paradise of Freedom
Bryan Caplan writes CPI Bias vs. the Penn Effect
Mises Institute writes Why a Bear Market in Bonds Points to a Weakening Economy