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Divine Intelligence, etc

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Is the US Debt Just Not Going to Stop?

Timothy Stanley: The one thing I am certain of the US debt is just not going to stop. And it's becoming a real problem because now you've got your non-negotiable expenses that you can't, you can't turn them off. So what I would say is the US has got to play hard work from here on out. Whatever its chances are, it's got to playhardball. It needs inflation. If you look at fiscal policy, it's highly inflationary. These are popping because there is a tsunami of government money rolling over us.

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