The David Lin Report · Tuesday, September 22, 2026
Jason Shapiro states that governments are in a difficult position regarding their debt, as traditional macroeconomic solutions like austerity are politically unfeasible. He suggests that increasing demand for T-bills through new currency issuance might be the only viable option, though he admits he's not an expert on such matters.
“So, um, they're kind of, I, I believe stuck between, uh, a little bit of a rock and a hard place here.”
“I think the only solution. I don't think there's any traditional macroeconomic solutions.”
“Um, well, there are, but none that will actually be done, you know?”