Barry Eichengreen, the Distinguished Professor of Economics and Political Science at UC Berkeley, discusses the effect on rising debt levels in the U.S. on the economy and growth. *This video was recorded on April 26, 2024 Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW BARRY EICHENGREEN: Books: https://www.amazon.com/Books-Barry-Ei... Twitter (@B_Eichengreen): / b_eichengreen FOLLOW DAVID LIN: Twitter (@davidlin_TV): / davidlin_tv TikTok (@davidlin_TV): / davidlin_tv Instagram (@davidlin_TV): / davidlin_tv For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 2:17 - Debt crisis 7:00 - Capital gains tax increase 9:20 - Public debt and emergencies 13:38 - Fiscal dominance 15:00 - Debt failures 16:16 - Argentina and dollarization 17:10 - Debt consolidation 19:45 - Optimal tax rate 21:23 - How to cut debt 23:27 - MMT 24:00 - Debt and stock markets 26:00 - History of reserve assets 27:42 - Will China supplant U.S. 30:33 - New world reserve currency 32:50 - CBDCs 39:40 - Dedollarization
