Artwork

内容由Money For the Rest of Us and J. David Stein提供。所有播客内容(包括剧集、图形和播客描述)均由 Money For the Rest of Us and J. David Stein 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
Player FM -播客应用
使用Player FM应用程序离线!

Will the U.S. Default? Debt Ceilings, Government Shutdowns, and the National Debt

25:48
 
分享
 

Manage episode 303422569 series 2137790
内容由Money For the Rest of Us and J. David Stein提供。所有播客内容(包括剧集、图形和播客描述)均由 Money For the Rest of Us and J. David Stein 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Why the U.S. is closing in on both a debt default and a government shutdown.

Topics covered include:

  • How a government shutdown differs from a debt ceiling crisis
  • Why hasn't Congress passed legislation to fund the government and raise the debt limit
  • How refusing to increase the debt ceiling could impact Social Security
  • How big is the national debt and who owns it
  • Why we never know how much federal debt is too much: Japan vs the U.S.
  • How federal debt is used and how it has led to financial innovation
  • Why countries default on their debt
  • What are some of the challenges with central banks pegging interest rates and monetizing the debt
  • What could cause the U.S. dollar to crash and inflation to soar

Thanks to Alto CryptoIRA and LinkedIn for sponsoring the episode.

For more information on this episode click here.

Show Notes

America’s debt ceiling is a disaster, though fiscal rules can help—The Economist

Treasury Bulletin, September 2021—Bureau of the Fiscal Service

Major Foreign Holding of Treasury Securities—Department of the Treasury/Federal Reserve Board

Fed official warns of ‘extreme’ market reaction unless debt ceiling raised by Lauren Fedor, Colby Smith and James Politi - The Financial Times

Republicans Are Playing a Dangerous Game With Debt by Michael R. Strain—The New York Times

Explainer: What happens when the U.S. federal government shuts down? by Jason Lange—Reuters

Janet Yellen Says Treasury Could Exhaust Cash Reserves by Oct. 18 if Debt Limit Isn’t Raised by Nick Timiraos and Kate Davidson—The Wall Street Journal

Janet Yellen: Congress, Raise the Debt Limit by Janet Yellen—The Wall Street Journal

Devin Carroll on YouTube

In Defense of Public Debt by Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener

Different Types of Central Bank Insolvency and the Central Role of Seignorage by R. Reis

How do central banks control inflation? A guide for the perplexed by Laura Castillo-Martinez and Ricardo Reis—London School of Economics and Political Science

Can the Central Bank Alleviate Fiscal Burdens? by Ricardo Reis—London School of Economics and Political Science

Related Episodes

295: Federal Reserve Insolvency and Monetizing the National Debt

338: The National Debt, Inflation, and the U.S. Dollar—What Could Go Wrong?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

489集单集

Artwork
icon分享
 
Manage episode 303422569 series 2137790
内容由Money For the Rest of Us and J. David Stein提供。所有播客内容(包括剧集、图形和播客描述)均由 Money For the Rest of Us and J. David Stein 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Why the U.S. is closing in on both a debt default and a government shutdown.

Topics covered include:

  • How a government shutdown differs from a debt ceiling crisis
  • Why hasn't Congress passed legislation to fund the government and raise the debt limit
  • How refusing to increase the debt ceiling could impact Social Security
  • How big is the national debt and who owns it
  • Why we never know how much federal debt is too much: Japan vs the U.S.
  • How federal debt is used and how it has led to financial innovation
  • Why countries default on their debt
  • What are some of the challenges with central banks pegging interest rates and monetizing the debt
  • What could cause the U.S. dollar to crash and inflation to soar

Thanks to Alto CryptoIRA and LinkedIn for sponsoring the episode.

For more information on this episode click here.

Show Notes

America’s debt ceiling is a disaster, though fiscal rules can help—The Economist

Treasury Bulletin, September 2021—Bureau of the Fiscal Service

Major Foreign Holding of Treasury Securities—Department of the Treasury/Federal Reserve Board

Fed official warns of ‘extreme’ market reaction unless debt ceiling raised by Lauren Fedor, Colby Smith and James Politi - The Financial Times

Republicans Are Playing a Dangerous Game With Debt by Michael R. Strain—The New York Times

Explainer: What happens when the U.S. federal government shuts down? by Jason Lange—Reuters

Janet Yellen Says Treasury Could Exhaust Cash Reserves by Oct. 18 if Debt Limit Isn’t Raised by Nick Timiraos and Kate Davidson—The Wall Street Journal

Janet Yellen: Congress, Raise the Debt Limit by Janet Yellen—The Wall Street Journal

Devin Carroll on YouTube

In Defense of Public Debt by Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener

Different Types of Central Bank Insolvency and the Central Role of Seignorage by R. Reis

How do central banks control inflation? A guide for the perplexed by Laura Castillo-Martinez and Ricardo Reis—London School of Economics and Political Science

Can the Central Bank Alleviate Fiscal Burdens? by Ricardo Reis—London School of Economics and Political Science

Related Episodes

295: Federal Reserve Insolvency and Monetizing the National Debt

338: The National Debt, Inflation, and the U.S. Dollar—What Could Go Wrong?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

489集单集

Все серии

×
 
Loading …

欢迎使用Player FM

Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。

 

快速参考指南