Schiff on World Affairs in Context: America’s Debt Bomb is Ticking - SchiffGold.com

Schiff on World Affairs in Context: America’s Debt Bomb is Ticking - SchiffGold.com

Source: SchiffGold.com

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DW NOTE

The US ran a $1.4 trillion deficit through June — 3% higher than last year — while the 10-year Treasury just crossed 5.18% with the Fed now raising rates into a supply shock. Schiff has been saying this for years: you cannot inflate your way out of debt when creditors stop pretending the math works.

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