Crypto Voices

PE60: Reagan, Clinton, and debt: Who was better? (III)

04.19.2023 - By Matthew MezinskisPlay

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This is the sixtieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.

Contents

00:00 Intro

00:20 Review of debt after Vietnam

02:22 Ronald Reagan and US debt

04:25 Bill Clinton and US debt

09:47 US debt up to and during the GFC

15:24 US debt through Covid and until today

18:07 What does it mean to 'monetize' the debt?

24:12 Conclusion... and think about the dollar

Here we look at the history of the United States Federal debt during the late 1900s, from the Reagan years, through the Clinton years, then the GFC, and through Covid stimulus until today. I answer an important question through it all... how much US debt is being directly 'monetized' by the Federal Reserve, and what does that mean?

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

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