Title | : | Does U.S. debt matter? | CNBC Explains |
Lasting | : | 4.37 |
Date of publication | : | |
Views | : | 721 rb |
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30 trillion Comment from : Alan Browning |
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😂😂😂😂😂😂😅 Comment from : Ahmed Ali Kalhoro |
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She forgets to tell you about the part where when the US Government "spends" US currency, it is not like it is going to some "Savings Account" and with drawling it, it is just creating more Currency If you had a magic machine in your basement that creates the Currency, would you have any "Debt"? No, every time you needed more Money you would just print more Money The US Government is not a Household or a Business "There is nothing to prevent the Federal Government from printing as much money as it wants and giving it to someone, the problem is are the Goods and Services available which those funds would be used to purchase The Cash is there which is nice, but it has to be in balance with the resources to purchase" Alan Greenspan Under Oath refuting Paul Ryan's attempts to Justify privatizing Social Security Comment from : Bargdaffy 153 |
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Wow this Libertarian Lady is an Idiot, they all are There is no Credit Card The United States Government prints its own currency, has a monopoly on its creation, controls the Money Supply the Interest Rate and can tax it out of its own attendant $23 Trillion Economy She thinks the United States Government is some kind of Household What Household can do all that? Even Dick Cheney and Donald Trump have stated Deficits Don't Matter Publicly You are listening to an Imaginary tale that proports "The Government is just like a Household, it has to pay its bills" What Household Prints its own Currency, controls the Interest Rate and Monetary and Fiscal Supply and can Tax the Currency it has a Monopoly on creating out of the Economy? Comment from : Bargdaffy 153 |
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Countries are blackmail by US to buy useless bond Comment from : GPDC |
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This is like a sugar coated explanation If you take out a loan to buy a car you ARE F*b***/b POOR! Comment from : Brandon |
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We want the global cut nucleus and arms And have election and debate weather wars and choose the candidate to lead on top of debt and weather and wArs so that all sufficiency Comment from : NHAN HA |
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We are not pay back debts by the gold and by the way sale land and personal assets or businesses Because we have no tool to work We will do the work That the reason we do not sale those things Comment from : NHAN HA |
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How the majority must have supplies And able to control incidents so that they do not fight Comment from : NHAN HA |
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We talk about stuff we need everyday that fail behind That the reason global need as well rather than Us alone Peoples should not believe the poor need to joint arm forces and make nucleus and more arms no more debts Comment from : NHAN HA |
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To make economy and market Function normal We need machines and innovation Because we have stuff we need no waiting time Comment from : NHAN HA |
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I do not know The more workers and more machines reduce the incidents The life of everybody easiest If do things less important the monies that make useless Comment from : NHAN HA |
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Except all that money is going towards prolonging neverending wars to feed the military industrial complex, not into infrastructure or education Comment from : Edsel Greaves |
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Us debt is 32 trillion-dollar why do you people speak so backtrack it's been awfully money why you have nothing better to do with your life except for silliness young lady puppet reporter see I live in Kauai and you creepy people Comment from : Joanne Davila |
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It's 2023,the debt is 31 trillion now And there is war So more funding needed, plus help to Ukraine Comment from : Юра Ким |
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Imagine this: A Light-year is the distance light travels in one year A very great quantity, in deed! As Light streams through space at 186,000 miles per second, that means that it travels 588 trillion miles in a year Needless to say, "5,88 Trillion" is a number very difficult for anyone to even visualize Now try to imagine 30 Trillion! This is the number of Dollars the United States Government currently owes the International Banking System! Comment from : Henrik Rolfsen |
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There is no such thing as National Debt in a fiat based currency economy, especially when petrodollars are the global standard currency The Fed can and does print money at will and lend it out at Zero pct interest The National Debt is a myth told to the populace to make them believe they live in a world of constant scarcity Additionally that which is called the National Debt is merely one side of a Ledger, the other side is the US Economy, and any Debit on the National Debt side is a Credit on the US Economy side The "National Debt" is just "Excess Currency in the Economy" that has not been Taxed out Want it Back? Do a T Bond Buyback, Or Tax the Rich, they are the ones who have it! The Money doesn't disappear Folks, it is the the Same economy that Creates the Value of the Dollar Comment from : Bargdaffy 153 |
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If every country is in debt doesn’t that mean no one owes anyone anything Comment from : Wes cald |
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LONG LIVE INDIAN AMERICAN FRIENDSHIP AND MUTUAL UNDERSTANDING 🙏 Comment from : A |
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I LOVE AMERICA AND ALL AMERICANS 🙏 Comment from : A |
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It’s a Ponzi scheme and corrupt government officials lol And for those who vote, seniors and state agencies thank you for this mess you have created lol… I want to see America fail and crash Comment from : jason powell |
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July 27 2018 Ageing population A dire threat to economic and national security Comment from : Chintala lokesh |
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Why doesn't US cut spending to defence Industry? Comment from : Ruturaj Shiralkar |
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The power of the US federal government is delegated from the 50 self-governing states of the United States According to Article 1, Section 10 of the US Constitution, no US government shall pay its debts in currencies other than gold and silver That is the US dollars or any kind of IOU is used for paying the national debt is a violation of the US Constitutionbrbr Article 1, Section 10 of the US Constitution: Deprives states of powerbrbr No country shall enter into any treaty, alliance or federation; grant trademarks and letters of retaliation; coin money; issue letters of credit; offer anything other than gold or silver coins as a tender for debt repayment; pass any acquirer act, post hoc law or damage contractual obligations laws, or confer any title of nobility Comment from : Out of USAs Manipulation Free to speak |
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why raise interest rate to cure inflation, what about the debt incurred increasing interest rate Comment from : Sylvester Amas |
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Now this is amazing I wonder wich country in next for war on terror bullshit yess bullshit maybe its the homeless of california lol🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 Comment from : Mohammad Ayub |
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Of course it matters it shows how responsible a country is with money br And Russia is kicking everyone’s ass in the debt game br The public debt to GDP leading in Russia only at 1809 Comment from : Joshua Van Norman |
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japan will retake the kurils sakhalin and vladivostok south korea will take north korea Comment from : Jarrod Yuki |
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WHAT DEBT??? Comment from : Tim Hart |
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Now they boosted it too much Comment from : Cornelius Shivambu |
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Those in power will be long gone when the house of cards crumbles Comment from : Rationalist Faith |
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Eventually it will have a huge impact on the economy I’ll remind you that Reagan ravaged the top of income taxes from 74 to 28…it’s been downhill ever since 2008 financial disaster didn’t help…It’s easy to cut taxes but much more difficult to raise taxes Comment from : Chris Blanchard |
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she looks like riley reid Comment from : greatndit |
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I just want you to know that people pay SSA & Medicare from thier paycheck seperately They are nothing to do with federal tax Don't blame senior people Comment from : harmoni |
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Short answer yes Long answer yes Comment from : Alex |
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Kiss your 401K goodbye 21 is old news it's now 30 trillion oh wait I blinked it's almost 31 now Comment from : Kingsley Kronk K |
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1:29 “money the federal government owes itself” Comment from : That Time Stamp Guy |
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Congress will never cut spending This will go on until the Government fails The question is when? Comment from : mark sherrill |
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It’s not really a debt it’s money they print, it’s a debt against the government system, 70 of the debt rolls back through the coppers, it’s a cash flow system, US dollar is the bench mark a lot of countries hold reserves in US dollars about 40 this video fails to explain what this debt is, lack of understanding Comment from : Darren Humphris |
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"The US debt is 212 trillion dollars"br- What? How old is this video?yupit's 3 years old Debt's 28 now Comment from : The Sceptic |
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Biden is in control if we need more money he will just print more and give all of it to the people that crossed our southern border Comment from : Edward Adams |
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The dollar is rated A- And by the end of this year it's going to be rated at B+ and by 2025 the dollar will collapse Comment from : Robert Burns |
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You spent the entire video without answering the question clearly It seemed like listening to a student who was summarizing without doing the assigned reading Comment from : Thejas K R |
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Great video :D simple and straight to the point Comment from : stivenstivens |
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Ah shit no, government just leave the money 💸 printing on 24 hours 7 days a week Comment from : J S |
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CNBC should be banned by YouTube for spreading economic disinformation As the soul creator of the US dollar, the government can spend any amount, as long as the resources are readily available Issuing bonds serves to temporarily reduce the supply of money, but the obligation to repay the money with interest at the end of the term remains Taxes also reduce the money supply, and are not used as revenue In fact, if the debt were reduced to zero, the money supply would be zero Please learn about Modern Monetary Theory The government spends first and taxes back later to ameliorate inflation pressure Comment from : Ideas Not Ideology |
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Well it might not be 'even the case for Italy' but I would not even make the comparison Comment from : Cecilia Valle |
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US will be done in 20 years!!!! Comment from : Adan Martinez |
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Fun fact when they cut taxes in 2017 they actually received more revenue in taxes in 2018 and 2019 unlike what they predicted The economy grew so much the IRS received more money Comment from : GuyFromSouth |
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So why don’t you just print enough money and give to everyone and thus end poverty if this is true? Comment from : Andre Fouche |
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This video is over 3yrs old and the debt 💸 has definitely spiked with President Biden Comment from : LS-33wraith |
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how did this happen? : government lack of discipline in managing money thats how it got out of hand, Comment from : jung mo |
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How do you talk about debt without even mentioning the private federal reserve system? Yeah don’t know if I trust a news source that regularly has on ceos of corporation as experts to speak for the needs of working people Comment from : Alexander Bonaparte |
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3:11 3:11 3:11 3:11 3:11 br3:11 3:11 3:11 3:11 3:11 br3:11 3:11 3:11 3:11 3:11 br3:11 3:11 3:11 3:11 3:11 Comment from : KRISHNKANT 🇮🇳 |
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All politicians should only make $10K a year and they cannot go outside of the US nor engage in business or tradings Comment from : gearzone2611 |
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America needs some Clinton-nomics Comment from : Anshuman Kumar |
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coming back to this in 2021, we increased it by 7 trillion in 3 yearsholy shit Comment from : Pandem |
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So the USA is just one Big ponzi scheme? Comment from : Hej Med dig |
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Notice how they bury the idea of inflation Dollars are worth less with more money being printed Comment from : Robert Beard |
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Look at how few national debt videos is even in YouTubethat should tell you how everyone feels about national debt!! Comment from : jwrsob |
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Hence the intro of Covidkilling off the elderly! Comment from : jwrsob |
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This is embezzlement of all politicians that pass these bills and raise the debt limit This is how congress get rich people They know where the money is going and to whom and where to go get it after they commit this crime while you are watching them do it Stealing your money Comment from : buddy tipton |
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1:07 b"the gov't wouldn't be able to invest in infrastructure"/bbrbrWait, we do that??? Comment from : Anonymous Anonymous |
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Leaving the gold standard was a big mistake because convertibility into gold helps keep a check on debt spending Comment from : casienwhey |
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CNBC could not explain what day it isbrBias , unprofessional crap Comment from : Real United States Republic |
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So basically, we're in deep doggy dodo Comment from : auck1969 |
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The risk free rate Comment from : Matt Younger |
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Kensian economics vs supply side economics Comment from : Matt Younger |
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As long as TBonds can pay coupons it doesn’t matter Comment from : Matt Younger |
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Ah so many corruptor here Comment from : Sesha Jelmaan ular hitam tahksika |
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I admire the efforts u put in your videos mate Bitcoin's price action has been fluctuation throughout the past few days and weeks, with bulls and bears both reaching a clear impasse, the aggregated cryptocurrency market has been following in Bitcoin's lead and isbrstruggling to garner any decisivebrmomentum One analyst is now noting that BTC has been holding above a key macro level throughout the past few months He believes that the recent consolidation above this level bodes well for its near-term outlook and could indicate that significantly further upside is imminent in the weeks and monthsbrahead Tips like this it's advisable for investors and newbies to trade with the help of pro traders likebrMrs Alice She's always onestep ahead of other traders, she fully monitored all my trades to avoid me making mistakes and losing my money My earnings have increased drastically from 1BTC to 92BTC in just 3weeks using her strategy You can easily reach Mrs Alice +1 (520) 3 8 0-5 7 5 6 🇺🇸 Comment from : johnson fidelis |
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When you borrow money to pay back borrowed money you are screwed eventually , that's what the govt does think about that Comment from : Eddie Kulp |
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Ghanges con Was the first to use the fiat system They did everything that we are doing right now Wars And overspending It collapsed The end Comment from : Doug Vuillemot |
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US Deficit is NOT a Debt It's simply how much money the USA has printed since day one And the only issue with govt spending is possible inflation, not the deficit The US does not need to raise revenue (via taxes or otherwise) to cover it's spending, unlike other entities, including households and states Watch the correct explanation here: youtube/mmuysv17T9M Comment from : Rephael Inbar |
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Welcome to 2021 Comment from : Googlebanmetoomuch 2 |
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no us debt does not matter you run the entire country and a giant ponzy scheme called us treasuty bonds when your short you just print more Comment from : Sean Gotts |
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The romantic sand acceptably rub because fahrenheit postoperatively double but a waggish nigeria null, rampant cirrus Comment from : Jack Mak |
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What!!!!!! 21 trillionssss You can't pretended it don't matter many cities already collapsed and just see the homeless now Biden wanted to go to war with China by printing paper money???? America is done Comment from : B W Mr Tham |
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Tens of thousands a second as of 2021 and accelerating Comment from : Brach Janney |
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One incorrect thing CNBC keeps on repeating is when you lower the tax rates, the government actually brings in more revenues due to economic expansion People with more money in their pockets will spend more Comment from : expsterm1 |
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What if people lost trust of the Dollars and start selling the bond? Comment from : Abdul Hamid Mohammad |
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Money printers goes brrrrr Comment from : Asheru 92 |
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No Comment from : Louis rodriguez |
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I’ll capitalize on this ridiculous inflation Does it matter? Depends who you ask It’s great for investors, as it rewards investing For people living financially conservatively/risk adverse, it’s terrible Comment from : Alex S |
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28 trillion of march 2021 Comment from : Guyana Online Shopping |
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Graph from 1940 to 2018- pretty normal br2020 onward- dwarves rest of graph Comment from : Jerod Wolf |
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Two years later nothing has changed at all and no-one has come to collect Comment from : xIcyStarzz |
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