S1E98 - ”High-Cost debt is hammering Americans” Top Economist Warns
Published: December 28, 2025
Duration: 20:33
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Top Economist Steve Keen reveals how high-cost debt is crushing Americans and why current U.S. policies are steering the economy toward crisis. He explains, with clear double-entry accounting and Ravel visualizations, how private bank lending still creates most of the money in circulation, why government deficits actually increase deposits and reserves, and how open-market operations simply shuffle assets...