In case you are afflicted by the Joe Biden Mad Cow disease we will enlighten you this Christmas. Gold has been hovering around the $1950 to $2000 range for the past month. The United States Deficit is about to breach the $34 Trillion mark. What does this tell you?
First off is that the interest paid on the debt is soon to reach over $1 trillion a year if it has not already. In a slim dozen years the interest on the debt will be close to $3 trillion dollars; this is not small change. In fact there will be little left for any of today’s programs sans Social Security and Defense. Do you get what we are talking about here? You better because time is wasting.
Back in the day the Weimar Republic went on a spending spree, AKA printing money with abandon. One mark turned into 500,000,000 marks after the printing was complete. Same now for the United States. You don’t have to look far to see the results; Inflation has roared its ugly head from every crevice it could find. Take wages for example, they are going up, up and up. Workers have had it, they no longer will take being the patsy.