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#1156 Peter Schiff On The Fed, Interest Rates, Labor Market, Gold, & Bitcoin
The Pomp Podcast
Do You Think the United States Debt Limit Will Get Increased?
The U.S. hit the 31 point, whatever trillion dollar debt limit this week. When you think about other factors in the economy that could affect monetary fiscal policy or how different market participants act, the debt limit is an area of concern and an area of conversation right now. Every time we get close to having to increase it, the Republicans make a big deal about it so long as there's a Democrat president. The reason we have so much debt is because they keep raising the ceiling.
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