When The U.S. Paid Off The Entire Nation...

The U.S. government spends a ton of money, on everything from Medicare to roads to defense. In fact, it spends way more than it takes in. So…it borrows money, in the bond market. By selling U.S. Treasurys, basically IOUs with periodic interest payments. And for decades, people ha ... Show More

Pre-order the Planet Money book here for your free gift. Our sister show, The Indicator, is chronicling the evolving business of crime for its Vice Week series. Today, we bring to you two cases of crime in the age of AI. First, cybercriminals are using our own voices against us. ... Show More

It’s here! It’s free to download and playtest! It’s the Planet Money game! (Download here.)Download and playtest the game go here Sign up for the 11/1 virtual AMA event and get updates about the gameSubmit your feedback on the gameWatch the how-to video with Kenny and Elan for pl ... Show More

In part three of our national debt masterclass, we share a simple debt dynamics formula we can monitor to help guide our investment choices.Topics covered include:How much has the national debt grown over the past fifties years, and what are the underlying driversHow the budget d ... Show More

#recession #money #recession2023 #money  #inflation #deflation #interestrates #dollar #economy  The mainstream emphasis on Treasury auctions is, like so many of these things, completely misplaced. It's not just misplaced, even the worst Treasury auctions don't actually matter. In ... Show More

The US debt ceiling is all anyone in Washington (and increasingly elsewhere) can talk about these days. For months, politicians have been in a stalemate triggered by Republican demands for spending cuts as the price for paying America's debts. With next week seen as the point at ... Show More

#106 Why some nations are at risk of default on their national debt and others are not. Plus why the U.S. national debt will never be repaid. Show notes at http://moneyfortherestofus.net/mny106-national-debt/See Privacy Policy at https://art19.com/privacy and California Privacy N ... Show More

In the past decade or more, votes over increasing the U.S. debt ceiling have increasingly been used as a political tool. That has led to intense showdowns in 2011, 2013 and, now, 2023. This year, both sides of the argument are dug in and Republicans appear more willing to go over ... Show More

Across the United States, 45 million borrowers now owe $1.6 trillion in debt for federal loans taken out for college — more than consumers owe on any other debt except mortgages.For the past two years, beginning as the pandemic spread, the U.S. government has allowed tens of mill ... Show More