Federal Reserve Chair Jerome Powell gives his thoughts on inflation risks, the economy, the timeline for cutting rates, the health of the country’s banks and...
You’re right. We can spend more than we make forever. There will be no consequences to such a fiscal plan. Don’t listen to Jerome Powell, he doesn’t know what he’s talking about.
The national economy of a global imperial power doesn’t follow the same rules as your friend who’s always broke a few days before pay day.
Talking about one like it’s the other is either proof of ignorance or an obvious attempt to deceive.
You’re right. We can spend more than we make forever. There will be no consequences to such a fiscal plan. Don’t listen to Jerome Powell, he doesn’t know what he’s talking about.
National debt is not the same thing as spending more than you make.
Have you taken an economics class before?