The time the US paid off all its debt (Indigator favorite)

It’s Encore Week at The Indicator! We’re sharing some of our favorite episodes of the year. Today, we’re kicking things off with a listener favorite about the time President Andrew Jackson paid off all of America’s debt…with disastrous results. (This episode originally aired in August.)

The United States federal government currently has over 28 trillion dollars of debt and there are concerns about the ever-increasing debt level. The majority of that national debt is issued in the form of bonds and bonds are considered among the safest investment assets in the world. However, the U.S government once […]

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By Donato