USA Debt: How Much per $1 in Taxes?

Porkopolis Economics: Episode 120

Show Sponsors: trezor.io

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Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Continuing our series on the United States National Debt. The U.S. debt is constantly on the news both worldwide and in the country but how exactly did we get from $70 million to $34.6 trillion? We will look at debt, the increase in debt, taxes that are raised to fight off the debt, and the money that is printed during this time.

Contents
00:12 Recap of Last Video
01:50 How Much of the National Debt is Being Printed?
03:23 20th Century Printing
04:20 You Don't Need to Print More Money to Raise the Debt
05:00 Borrowing Increases
06:35 Surplus During A Depression?
08:15 Buying Debt
08:52 Great Moderation Moves in
10:03 Show Sponsor - Trezor
11:01 Central Bank Monetization
11:56 Wall Street's Bailout
15:00 Public Buying the Debt?
18:21 Closing Thoughts

Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.