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2021’s Deficit Spending Is Already Out of Control. Here’s Why That’s a Problem.

Summary:
Deficits still matter, largely because they require monetary policies that lead to bubbles, inequality, and the slow Japanization of the US economy.  Original Article: "2021's Deficit Spending Is Already Out of Control. Here's Why That's a Problem." This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.  

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Deficits still matter, largely because they require monetary policies that lead to bubbles, inequality, and the slow Japanization of the US economy. 

Original Article: "2021's Deficit Spending Is Already Out of Control. Here's Why That's a Problem."

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

Ryan McMaken
Ryan W. McMaken is the editor of Mises Daily and The Austrian. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014.

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