A Tale of Two Dollars – Ep 826
The Peter Schiff Show Podcast
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The House Vote to Improve an 800 Billion Dollar Defense Authorization Spending Package
The house voted to improve an 800 billion dollar defense authorization spending package. This is actually more money than the biden administration requested. They are authorizing even more money than biden wants to spend on defense. Where is this 800 billion dollars going to come from? It has to be borrowed. That is more pressure on the feder reserve to monitize that debt, to create even more inflation. Here you have all these politicians claiming they want to fight inflation,. yet they're spending a record amount of borrowed money on national defense.
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