Topic: Dollar Debasement

1 chapters across the catalog

Caconian
Episode 1897 1:19:10 - 1:22:26

1897: Caconian

Dollar Debasement, National Debt Growth Strategy

The hosts argue that the Treasury's market interventions lead to the debasement of the U.S. dollar and a loss of purchasing power for citizens. Scott Bessent suggests the U.S. must "grow its way out" of the $40 trillion national debt through a global growth strategy and fiscal consolidation. Adam Curry notes that while mortgage rates are rising, the real issue is that wages are not keeping pace with inflation.