How Government Spending Can Make the Debt Burden Look Smaller than It Really Is
Governments can increase GDP numbers simply by spending more, and this can reduce debt as a percentage of GDP. But what if we calculate GDP using only private spending?
Other Schools of Thought
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Why Americans Don’t Have Any Savings
Central bankers think too much saving is a problem that must be solved with more money creation. But the real problem is the Keynesian-style fractional reserve banking system.
Why Americans Don’t Have Any Savings
Central bankers think too much saving is a problem that must be solved with more money creation. But the real problem is the Keynesian-style fractional reserve banking system.
13. On the Impossibility of Limited Government and the Prospect for Revolution
Narrated by Paul Strikwerda.
