Articles & Interviews
In this iconoclastic talk, Richard Vague examines the assets, liabilities, and incomes of the entire country, private and public sector, to reveal its net worth. His holistic analysis shows that the real factor that drives both financial crises and spiraling inequality―but also, paradoxically, economic growth―is ever rising private debt. The paradox is that while debt is essential and our economy relies on it, it also brings instability. This talk was given at a TEDx event using the TED conference format but independently organized by a local community.
FEATURED ARTICLES
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COMMENTARY > PERSONAL FINANCE
Americans are so indebted that it’s holding back the economy. These 4 key reforms could give them room to breathe
While government debt has been dominating the news, there is far more private debt than public debt in the U.S. economy–and it represents the greater economic challenge...
BANKING & FINANCIAL SERVICES
Richard Vague: 'Sea change' underway in lender attitudes toward Philadelphia minority business owners
“I’ve been in banking a long time,” Vague told Clemons. “And I have never seen the kind of attitude, the kind of pro Black and Brown business attitude pervasively held across the banking community as it is now.”
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FEATURED VIDEOS
Interviews
Where Does Money Come From?? || El Podcast EP50
Government Spending Doesn't Cause Inflation - Interview With Richard Vague
RICHARD VAGUE ON GMW JUNE2023
PODCASTS
Media Requests
Book Richard as a guest for your next show, podcast, article or other broadcast and go in-depth on these topics:
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Where Do Wealth, Money, and GDP Growth Come From?
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Why Does Debt Always Grow?
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The Major Drivers of Wealth and Inequality
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The Covid Bubble, Inflation, and the Great Reversal
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The Dark Side of Debt » The Student Debt Epidemic & How to Solve it Fairly
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Why We Need to Focus on Private Sector Debt
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How We Can Boost Asset Ownership for the Economically Less Fortunate
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How is Debt Impacting Global Economic Trends, Especially in China and Germany
