Dollar Running Out of Time As Congress Writes a Blank Check.

1 year ago
365

#debt #interestrates #inflation #currency #government

Today I spoke with Clive Thompson about the Congressional Budget Office's forecast for the next ten years.

According to Clive's analysis, the CBO's forecast in the past has always underestimated government spending and he doesn't see it changing after the latest debt ceiling deal.

His conclusion is that the dollar as we know it would do well to still be around in 2033.

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