We recently wrote Don’t Worry About The Debt Ceiling as a deal would inevitably get done as both sides want their pork. The spend-heavy Dems and GOP have reached a tentative debt ceiling deal. This means more fiscal spending that's not tied to production/GDP, more fiscal deficits, more debt and more inflation. The inflation tax … Continue reading Spend, Spend and More Spending
Tag: debt ceiling
Don’t Worry About The Debt Ceiling
Don't worry about the debt ceiling. More spending is coming. The risk of Treasury defaulting in June is 0.00000000000000000001% (I jest), but that is neither here nor there. Both the Dems and the GOP want to spend on pork, it is just a question of which flavor. Therefore, the debt ceiling will be lifted, another … Continue reading Don’t Worry About The Debt Ceiling
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