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The Interest Rate Shock Will Blow Up The Government’s Ponzi Game

The Interest Rate Shock Will Blow Up The Government’s Ponzi Game

Published 2 years, 5 months ago
Description
As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was. An article by Thorsten Polleit (which can be found here: https://mises.org/wire/interest-rate-shock-will-blow-governments-ponzi-game), produced by the Ludwig von Mises Institute. Narrator: Millian Quinteros Please follow Thorsten Polleit on social media: Youtube: @thorstenpolleit4118 Telegram: https://t.me/freemarketinmoney GETTR: https://gettr.com/user/thorstenpolleit Twitter: https://twitter.com/ThorstenPolleit Facebook: https://www.facebook.com/thorsten.pol... Linkedin: https://www.linkedin.com/in/dr-thorst... His website is: www.thorstenpolleit.com Thorsten Polleit’s latest books can be found here: “Des Teufels Geld”, www.amazon.de/Teufels-Geld-faustische-Fiatgeld-Pakt-zur%C3%BCckkehren/dp/3959727437 “The Global Currency Plot”, https://mises.org/library/global-currency-plot “So act that your principle of action might safely be made a law for the whole world.” | Immanuel Kant (1724–1804)
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