I joined Erin Ade on Boom Bust on RT TV this afternoon to discuss economic myths and hyperinflation. We covered a lot of ground in 10 minutes including the money multiplier, paying back government debt, the government’s debt constraint, hyperinflation and the “money printing” myth.
Gonzalo Lira, of hyperinflationist fame, was on before me calling for the end of the US Dollar. As you can likely guess, I didn’t really agree….
You can watch the full interview here. I hope you enjoy my ramblings which start at about the 14:30 mark.