The messy money reality at the center of the debt ceiling fight
The messy money reality at the center of the debt ceiling fight
Stop me if you’ve heard this one before: Time is running out for federal officials to prevent an economically catastrophic default on U.S. debt.
I know! We’ve done that story over, and over, and over again as raising the debt limit — something that used to be a routine part of running the government — has become increasingly politicized.
But at the heart of the debate over government borrowing, there is an uncomfortable truth: This economy only works, because we believe in it together. On a special episode of “Marketplace,” host Kai Ryssdal explores what’s at stake in the fight over the debt ceiling and what it reveals about the nature of money.
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