Will stagflation cause the dollar to crash and be a bottomless pit when the next recession hits? That is what Peter Schiff is predicting. We look at where he is right and where he seems to be off the mark when it comes to the U.S. economy and a dollar collapse. In this episode you’ll learn: Is an economic recession overdue? Why running ongoing trade deficits leads to higher private sector debt balances. Why interest rates and savings is not too low. Why the U.S. … [Read more...]
200: The Great National Debt Debate
Joshua Sheats from the Radical Personal Finance podcast and I discuss our different views regarding the national debt and the severity of the U.S. government fiscal situation. Over the past four years, David has created 200 episodes of Money For the Rest of Us. On this 200th episode, he talks with Joshua Sheats, creator of the Radical Personal Finance podcast. They discuss the national debt debate, why local communities are often the driving force behind the national economy and … [Read more...]
134: It’s Just Money
Why we should be indifferent toward money and what are the risks of a dollar shortage. In this episode you'll learn: Show Notes Sweden's Riksbank eyes digital currency - Financial Times India Scraps 500 and 1,000 Rupee Bank Notes Overnight - BBC India banks overwhelmed after rupee withdrawal - Financial Times Zimbabwe's Currency Hail Mary - Foreign Policy Worldwide Currency Usage and Trends - SWIFT Global dollar credit: Links to U.S. monetary policy and leverage - … [Read more...]
