Right now the congress is supposedly “debating raising the debt ceiling”. This video explains…
- Why the debate isn’t a debate and nothing but political theater
- Why they will and must raise the ceiling under the current system
- Why we can never pay off the national debt with the current system
- Why those calling to not raise the ceiling probably don’t know what they are asking for
Of course I am for elimination of the national debt but capping the debt in a system where money is debt just simply isn’t possible.
Resources mentioned in this video