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

in #money11 months ago

#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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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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A year and half is more than enough time to wreak havoc with unlimited debt.

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