Less Loose Will Lower Markets, Not Inflation – Ep 766
The Peter Schiff Show Podcast
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Government Debt - The Cost of Funding Us
A lot of the money they borrowed was sitting in their checking account and they didn't spend that money until 20 21. So while they did increase the national debt by another, i think, one point seven five trillion or so, they actually spent over three trillion that year. Can you imagine politicians with wantyor money and having the discipline not to spend it? You know, they always say you shouldn't say that politicians spend money like drunken sailors, because it would be an insult to drunken sailors. But the point i was making is the impact that this will have on the cost of funding us.
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