Latest / Thoughtful Money with Adam Taggart
Our Addiction To Deficit Spending Is The Greatest Threat To Our Future Prosperity | Lyn Alden
Today's guest has long been warning that the US -- as well as many other countries -- is now in an era of fiscal dominance.That's when fiscal spending gets out of control, like a runaway train.It becomes so large that it becomes the primary determinant of economic growth and inflation -- steamrolling over any impact of monetary policy or private sector lending.At this time of this recording, the deficit for the 2025 US fiscal year is on track to be the 3rd largest in history, behind the COVID emergency spending years of 2020 and 2021.The key difference , of course, is this time we're not…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.