The Peter Schiff Show Podcast cover image

Fed's Tough Inflation Talk Sparks Gold Correction - Ep 895

The Peter Schiff Show Podcast

00:00

The Democrats Want to Rake the Debt Ceiling

According to the White House and pretty much every Democrat on television, we owe our prosperity to the national debt. That's what they want us to believe because if they don't raise the debt ceiling, what happens? If you can't take on more debt, well, then you have no choice but to balance the budget. But that collapse, what happens later, will be worse. The politicians want to avoid facing the music. They're trying to use the 14th Amendment to circumvent the debt ceiling. All it reads in part is that the debts of the United States shall not be questioned. Nobody is questioning the debt. We all know that. So the debt is not in question. The

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app