Wednesday, April 7, 2021

The national debt isn't (Last Week Tonight)


The National Debt: Last Week Tonight with John Oliver (HBO)
(Last Week Tonight, April 4, 2021) The national debt has long been portrayed as a burden we’re placing on future generations. John Oliver discusses how national debt works, why people are so concerned about it, and why it might be more helpful that most of us think. Because the government manipulates markets, Wall Street, fiat currencies, and other economies, the national debt is a monetized tool, a financial instrument, rather than the burden we hear about in the alarmist, fear-driven mainstream news and now even HBO's best weekly comedy. Relax.

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