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There Are No Constraints on US Government Borrowing | Mark Thornton

Posted on August 5, 2023August 5, 2023 by anonymous Hipster

In this week’s episode, Mark reviews what people have said about Fitch’s downgrade of US government debt. Mark sees it as a good thing, but not good enough. The “minor issue” in the latest debt ceiling agreement is ignored by the mainstream media: politicians suspended the debt ceiling into 2025, rather than raising it to some arbitrary, higher figure.

Be sure to follow Minor Issues at https://Mises.org/MinorIssues






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