A Note to Our Email List Subscribers:
Over the years, the number of email lists going out from the Mises Institute has become a bit unwieldy. So, beginning next week, we will be consolidating some of our email lists. If you are a subscriber, you will still receive regular emails highlighting our new articles, podcasts, and video content. But, depending on which lists you subscribe to, you will probably receive fewer total emails in your inbox each week. You will notice the emails look a bit different, but our goal is to continue sending you, as always, the best that mises.org has to offer.
As the federal government's debt approaches $35 trillion, default one way or another is inevitable. Many US states already have used that method to eliminate their debts.
Ryan McMaken and Tho Bishop talk with Jane Johnson about why the feds will never pay down the debt. Instead, they have two choices: rampant inflation or default.
