The gamble of trying to inflate away debt
The United States national debt is running at more than $40 trillion dollars. It’s a potential crisis in the making, but President Donald Trump suggested it can all be solved just by inflating the debt away. Today, we dig into the nitty gritty on how and when inflating the national debt could work. Fact checking by Sierra Juarez . Your Next Listen – Is the federal debt REALLY that bad? –Over 2,000 episodes in our archive on the NPR App Connect with The Indicator from Planet Money – The Indicator
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The gamble of trying to inflate away debt
Welcome to the program. I'm your host.
Welcome to the program. I'm your host.
0:00Today we look at the major stories shaping the news cycle.
Today we look at the major stories shaping the news cycle.
0:04We start in Europe, where leaders met in Brussels.
We start in Europe, where leaders met in Brussels.
0:09The summit focused on energy policy and migration.
The summit focused on energy policy and migration.
0:14Reporting from the ground, our correspondent has more.
Reporting from the ground, our correspondent has more.
0:19Thank you. The mood here was tense but constructive.
Thank you. The mood here was tense but constructive.
0:24