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Here's Why Governments Just Keep Piling Up Debt
Oct 11 2024
Length: 10 mins
Podcast

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Here's Why Governments Just Keep Piling Up Debt

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Summary
Government borrowing jumped during the pandemic, but big stimulus plans like the Inflation Reduction Act have added to the mountains of public debt. How worried should we be about how much each country owes, and are austerity policies inevitable to bring it under control? Bloomberg's Head of Economics and Government Stephanie Flanders joins host Stephen Carroll to discuss.
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