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The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.


#316: What If We Paid Off The Debt?

October 21st, 2011

Episode 419 of 902 episodes

We got our hands on a secret government report outlining what once looked like a potential crisis: The possibility that the U.S. government might pay off its entire debt.It sounds ridiculous today. But not so long ago, the prospect of a debt-free U.S. was seen as a real possibility with the potential to upset the global financial system.Today on the show, we hear from the economist who wrote the report. And we look at how things turned out so, so differently.