The Human Action Podcast

Home | Mises Library | Dan Mitchell: Is There an Endgame for US Debt?

Dan Mitchell: Is There an Endgame for US Debt?

  • Mises Weekends with Jeff Deist

Tags U.S. Economy

03/02/2018Daniel J. MitchellJeff Deist

Economist Dan Mitchell joins Jeff Deist to discuss what might be the biggest threat of all to American prosperity: the shocking and unconscionable US government debt. What does $20 trillion in Treasury IOUs really mean for the private economy? Will the US government ever default and force bond holders to take a well-deserved haircut—or will the Fed continue to bail out Congress with low interest rates? Can this go on indefinitely, especially since other governments often have even worse fiscal and monetary policies? This is a sobering discussion of a reality politicians don't want to face.

Dan Mitchell: Is There an Endgame for US Debt?

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Authors:

Daniel J. Mitchell

Daniel J. Mitchell is a top expert on fiscal policy issues such as tax reform, the economic impact of government spending, and supply-side tax policy. He holds a Ph.D. in economics from George Mason University. His blog is Liberty – Restraining Government in America and Around the World.

Contact Jeff Deist

Jeff Deist is president of the Mises Institute. He previously worked as chief of staff to Congressman Ron Paul, and as an attorney for private equity clients. Contact: email; Twitter.

When commenting, please post a concise, civil, and informative comment. Full comment policy here
Shield icon view