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#1156 Peter Schiff On The Fed, Interest Rates, Labor Market, Gold, & Bitcoin
The Pomp Podcast
Is There a Debt Crisis?
The US is paying $475 billion annually in interest on the national debt. That's 5 trillion dollars a year, and it won't stop there: We'll be at 2 trillion by next year. The more debt we have, the more inflation we're going to create,. And so there will be a debt crisis; the only question is when?
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