TL;DR: Public debt as a % of GDP +120% in the U.S., out of control deficit spending, not bank credit creation is causing inflation. Lyn Alden talks about government deficit and fiscal dominance.
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TD₿: Why Haven't We Seen a Recession Yet? …
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TL;DR: Public debt as a % of GDP +120% in the U.S., out of control deficit spending, not bank credit creation is causing inflation. Lyn Alden talks about government deficit and fiscal dominance.