Here's Why Governments Just Keep Piling Up Debt

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Episode
25 of 318
Duration
10min
Language
English
Format
Category
Economy & Business

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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