THE INTERVIEW | Borrow Inflate Repeat: Big Beautiful Bill, Modern Monetary Theory and not Paying Back Debt?

THE INTERVIEW | Borrow Inflate Repeat: Big Beautiful Bill, Modern Monetary Theory and not Paying Back Debt?

In an interview with FOX 2, Oakland University economist Dr. Michael Greiner warns the U.S. may be on the brink of a debt crisis, fueled by persistent deficits, economic drag from tariffs, and the seductive illusion that the federal government can borrow without limits. “We’re essentially constantly borrowing,” Greiner says, noting that while investors still trust U.S. credit, inflation is the inevitable cost.

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