How The US Will "INFLATE" Away Its Debt - And You Can Too 

There's a shockingly simple solution to the US Debt Crisis, watch this video to see what it is ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-1qpRlSqf8LI.html

Thank you for keeping us informed on so many levels. I feel like the more I learn about the low-income people of our country, the more my anger grows. Thanks Arleth. Imagine investing $1000 and receiving $5,450 in 3 days.🇺🇸

Don’t be too cool to ask for likes man. This video should have way more likes !

Soft landing that ship sunk along time ago

Great show! Bravo 👏!!👍

I have been exiting FIAT into physical Gold and Silver since the clowns decided to freeze Russian sovereign funds

When you can create any amount of money you need out of thin air amounts don’t matter as long as the world has confidence in the fiat currency. The world has no choice because their economies are all tied to the dollar. It’s all just funny money. If 33 trillion doesn’t matter, why should 100 trillion? It doesn’t. I remember when the economists were saying the collapse would occur at 1 trillion and the dollar would crash and cease to be the reserve currency then. The U.S. government isn’t like other countries who don’t have the ability to just create money out of thin air forever. You can’t compare their problems to the U.S.

I hope ypu are right.

Was completely on board with ya until you went down the shovel ready jobs rabbit hole! Everyone knows that neither infrastructure packages actually went to very much infrastructure .went mostly to paying political adversaries Pet projects like green energy nonsense and also social programs

And you don't like shinny

Debt to finance Ukraine 😂😂😂

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

Fantasyland. You can’t inflate away debt. Bond investors will flee and yields will rise astronomically when you try to do that. The world has already reached that point: That’s why bond yields are rising across the globe. Is he suggesting the entire world is going to inflate its debt away? Only in comic books.

I’d rather my kids be feed and clothed than pay for property that has tripled in value because of fraud

Inflating away the debt has already begun. 19 trillion dollars added to the global money supply in response to COVID with no actual reason other than to create enormous amounts of demand to kick-start an inflationary spiral, and allow interest rates to rise. That's the first step.

ITS OVER NOT POSSIBLE WITHOUT HYPERINFLATION

Stock market goes up as does everything priced in USD. Stocks, gold, oil, etc all is at ATH or near that level, because USD real value is at all time low. "everything looks OK" is a total lie. Look at personal loan default, homelessness, labour force participation and unemployment, etc. We will see the end of the USD as reserve currency in our lifetime.

Me smells a touch of naivety and hopium here.

Reason US can do MMT is it's the world reserve currency. de-dollarization is happening. here in US if you say that then you are a Rando or conspiracy theorist

Don’t subsidize don’t stimulate and don’t resuscitate. Let the market work

The great depression 2.0 has arrived. 2024 is the new 1929 a d Silver is going to explode.

Gdp doesn't take in to the effect government spending has. Government is total consumption. No growth at all. Don't fall for the debt doesn't mater bs. Debt always matters

We are in a debt spiral that ends badly for our nation and most likely the entire world. Stock up on commodities. Food, land and precious metals. Payoff as much of your debt as possible. I don’t believe a word this man says.

However, no other +120% debt/GDP countries were reserve currency countries.

More correctly this would be said: “Transferring the debt to the people through inflation.”

What's happening in the USA is EXACTLY what happened in Rome!

When Congress passes spending bills which literally spend new dollars into the economy every time - and always have - who do you think we "owe" that money to? That's not where the real value is, it's in real resources which are finite, not USD which are infinite. But just because we have an unlimited ability to spend doesn't mean there aren't other factors to consider. If you want to avoid inflation you ONLY spend into an economy that which can be absorbed by its markets. In other words, too many dollars chasing too few goods and services is the definition of inflation. If you want to know if we can afford to build a dam, figure out how much manpower, steel, concrete, engineers, bulldozers and backhoes you'll need. If you have access to enough, then you can afford to build the dam. The money is not the object, and you never have to "go looking for it". You only have to muster the political will to vote for the funding. FED deficit spending is called a "debt", but it's simply an accounting term denoting dollars going from the public sector to the foreign and US private sectors. We don't "owe" that money to ourselves, and we never use tax dollars to fund anything at the FED level. The US national debt is a record of dollars spent into existence that weren't taxed back. That number represents private sector savings - do you really want to give those back in order to "reduce the deficit"?

$ 800,000 to the taliban through th u.n biweekly sense pull-out. To the tune of $11B. Yea no waistful spending here

You have a great youtube presentation and you speak well. But your making commentary on US finance and your from...Canada. That is very strange to me. I mean you sound like somone that is trying to influence listeners to believe in things that might happen and you are trying to predict the US treasurey or govt response without knowing the culture. We are blood thirsty SOBs. Down to the janitor. You are miscalculating US citizens reactions. Not only do we not like our government, we dont trust it and we know its run by corporations. If we end up in tents rubbing 2 sticks together for heat we will be happy as long as we have had our pound of flesh.

Debt catastrophe coming. It is not different this time.

2nd point... "And you can too". NO. ...Unless you want to have your wages garnisheed. The reason why the FED government can deficit spend is because it is the source of all dollars, or else they are counterfeit. When you can produce your own currency you can repay any debt denominated in it, in full, at any time. When you can't then you're like a household, city, county, or state. ...But that's not what "debt" means in this case anyway. That's just money going from the public sector to the private & foreign sectors. It represents our savings in the private sector.

If min wage and SS were tied to the real inflation rate, it would be a good thing. Investors have taken advantage of the middle class and below as well as defrauded the world through markets artificially inflated by the reserve status of the dollar. These people need their lifestyles curbed by inflation to correct the artificially created wealth disparity.

Sounds like you’ve been served a full dose of the Stephanie Kelton kool aid

Really? Make more money…wow I never would have thought of that.

Joao Gomes from Wharton Business School is forecasting a US debt crisis in 2025 or for sure within the next 10 years. Ive seen his analysis, I believe this is an innevitability unless cuts in spending or increase in taxes takes place, or both. Rates asked by bond holders will require a significant premium and become prohibitive.

I got 1 month left from cold turkey aproach took me 3 years 😅

WARS BUDDY THERE ALL WARS

Debt celing is BS!! Just an annual annoyance!!!

I learn a lot from Nolan, but I may have missed something: the cost of defense spending for US citizens? What percentage of the US DEBT is defense spending, compared with social spending?

The pandemic, and then stimulus, and then 8% (CORE or whatever they call it) inflation. If their target was 2%, I still do not really get why it went up to 8% for a while there? I mean, I'm not studying this too closely either. They certainly seemed to tend towards high inflation there for a while for whatever reason. I'm not going to look into it right now though

UNFUNDED liabilities is another scary set of numbers and no one seems to b e able to agree on what the actual number is

I've redesigned this video thumbnail. Where can I send it to you, Nolan?

It will reach 200% of GDP a lot quicker than that!

External debt is 83 pct ?

It's still a slippery slope. I remember when Bernanke said that the states would never monetize the debt and that doing so was a banana Republic move.

People will dump tge dollar.

Thank goodness I paid attention in economics class, this guy and his fantasies. I suspect he works for three letter gaslighting agency.

Nolan's optimism assumes all things remaining equal going forward. Several nations are presently seeking to move away from the US dollar in cross border trade. This points to a long term weakening of the dollar, especially as we're now seeing an increasing shift towards gold instead of US bonds as reserves. Low interest yield bonds aren't as attractive globally as they were a decade ago.

lmao... what if the next time you take out a loan: the lender puts in a clause: the debt is deemed to increase at the rate of inflation (so it is not fixed, but also grows with inflation?!?!?) LOL

Like a Lannister, the U.S. always pays its debts! Thanks Nolan 👍

Us of A is safeguard of all debt. You cannot go bankrupt. Somehow everything will be nice and glory days.

Oh look another MMT enthusiast tip toeing around

External debt is 83 pct ?

Delusional

Bla bla blaaa bla bla

The problem with wage/inflation spiral is we are forever stuck on the rat race. I personally save cash and I value the freedom it gives me. The freedom to choose what I buy, but most importantly, when I decide to work. Only cash can do this. Under inflation spiral, my cash gets devalued so fast I have no freedom anymore. This is unacceptable and I’m so glad China also realised the futility of this type of system and have stopped the Ponzi growth.

nicest beard in the game.