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Phillip Patrick, Does a growing federal debt affect the real economy?
Manage episode 446489816 series 2504297
Phillip Patrick is a Precious Metals Specialist at Birch Gold.
Since the federal government's fiscal year ended on September 30th, we've finally gotten a full accounting. Can you run through the numbers for us?
A big part of that growth came from interest payments on the debt. Just how bad is it?
There's a lot of hand-wringing over the growth of federal debt from fiscal conservatives. The left say things like, "No big deal, it's just money we owe ourselves." Does a growing federal debt affect the real economy?
The central bank gold buying has been setting records for the last two years. Why is that?
363 قسمت
Manage episode 446489816 series 2504297
Phillip Patrick is a Precious Metals Specialist at Birch Gold.
Since the federal government's fiscal year ended on September 30th, we've finally gotten a full accounting. Can you run through the numbers for us?
A big part of that growth came from interest payments on the debt. Just how bad is it?
There's a lot of hand-wringing over the growth of federal debt from fiscal conservatives. The left say things like, "No big deal, it's just money we owe ourselves." Does a growing federal debt affect the real economy?
The central bank gold buying has been setting records for the last two years. Why is that?
363 قسمت
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