CBO projects the federal deficit to be 2.8 trillion in 10 years.

The CBO also says that federal debt will be $52 trillion by 2033.

At what point do you talk more firmly with lawmakers

about fiscal responsibility?

Because I'm assuming monetary policy cannot handle alone the

inflation or keep that inflation in check with the higher level spending.

I don't do that.

That's really not my job.

I will say and many of my predecessors have said that we are on an unsustainable

fiscal path and that needs to be addressed over time but I think trying to get into

into that with lawmakers would be would be kind of

inappropriate given our independence and our need to stick to our knitting. We're at the phase now

we're at the exponential phase with the US. I mean you can see that the interest

on the debt is going to be one and a half trillion by the end of this year. We're

borrowing a trillion every hundred days. It's a fiscal train wreck and yeah you're talking

about a bankrupt treasury.

Hey friends, Sean from SGT report here.

52 trillion by 2033.

You think we're going to make it to 2033?

I'll be surprised if we make it to 2026. Friends, Bill Holter is back to talk brass tacks, silver, and gold.

You need to get some right now.

Thanks for tuning in, friends, before we start just a quick word about our sponsor.

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