Fiscal Irresponsibility Shatters the Debt Ceiling - Ep 897
The Peter Schiff Show Podcast
00:00
The Fed's Decision to Increase the Debt Ceiling
The price of gold, I think, is headed a lot higher as a result of this increase in the debt ceiling. But it should be a lot higher. This was central banker 101. You don't let that inflation genie out of bottle because it's very hard to put it back in. They're acting like, oh, we didn't know this. Oh, we're surprised that this is not an easy thing to do.
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