
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