Thoughts On the Debt Ceiling and Running Out of Money

Episode 1898,   May 28, 2023, 12:01 AM

Should we raise the debt ceiling? Does Modern Monetary Theory make sense? Are we in trouble? 
 
As our elected officials hash this out, I think it’s important for us to do the same. No, you don’t need to be an economist to understand this stuff. All you need is common sense and critical thinking. 
 
George talks about what all this means and how to make up your own mind about the way forward. 
 
Here’s the WSJ Article George mentions:
https://www.wsj.com/articles/what-is-the-14th-amendment-and-can-biden-use-it-to-fix-the-debt-ceiling-727499cc
 
Check out the US Debt Clock:
https://www.usdebtclock.org/
 
Get your copy of George’s newest book, How to Get Good at Money: The Keys to Financial Peace of Mind and Prosperity
 
https://amzn.to/3NI5f6W
 
Get your copy of George’s first book, Be Your Own CFO: A Businesslike Approach to Your Personal Finances 
 
https://amzn.to/3l4eOkv
 
Find the free Goals, Values, and Get Out of Debt courses at 
 
https://moneyalignmentacademy.com/ondemand-co...

Should we raise the debt ceiling? Does Modern Monetary Theory make sense? Are we in trouble? 

 

As our elected officials hash this out, I think it’s important for us to do the same. No, you don’t need to be an economist to understand this stuff. All you need is common sense and critical thinking. 

 

George talks about what all this means and how to make up your own mind about the way forward. 

 

Here’s the WSJ Article George mentions:

https://www.wsj.com/articles/what-is-the-14th-amendment-and-can-biden-use-it-to-fix-the-debt-ceiling-727499cc

 

Check out the US Debt Clock:

https://www.usdebtclock.org/

 

Get your copy of George’s newest book, How to Get Good at Money: The Keys to Financial Peace of Mind and Prosperity

 

https://amzn.to/3NI5f6W

 

Get your copy of George’s first book, Be Your Own CFO: A Businesslike Approach to Your Personal Finances 

 

https://amzn.to/3l4eOkv

 

Find the free Goals, Values, and Get Out of Debt courses at 

 

https://moneyalignmentacademy.com/ondemand-courses/

 

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