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The Todd Herman Show

Yes or no: can America EVER pay off its debt? What happens if the Fed disappears it? Zach Abraham joins. Ep_592_Hr-2

The Todd Herman Show

Radio America

News, Society & Culture, Religion & Spirituality, News Commentary

4.81.5K Ratings

🗓️ 20 January 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

It’s one again time for D.C. to pretend there is a “debt-ceiling.” Thank God for the Freedom Caucus, we might actually get some cuts to the utterly corrupt agencies of that separate Country. Since we have been concentrating on using precise language, I have a precise question: is it even possible for this Country to pay-off the debt? Zach Abraham provides a clear answer in this episode. If it’s not possible, will Americans continue to pay interest on this thing forever more? Or, as the bank of Japan may do there, will the “Federal” “Reserve” announce they have canceled the debt? That sounds truly radical, doesn’t it? But--again, using precise language--does America really have currency anymore? Do we have money? Or, are we using the idea of money that has long since lost its truthful value? Zach and I went pretty deep in this one.


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0:00.0

actor Kevin Sorbos says get woke go broke is playing out right before our eyes

0:04.9

There's 80 million homes out that really want to kind of movies that I'm doing the kind of Jim Cabizel's doing the Erwin brothers and Hollywood is just

0:11.8

Blown off because of this insane woke agenda and cancel culture world we live in look at Disney

0:17.5

This is gonna look at at least a billion dollar losses here if not more if I'm a stockholder

0:21.7

I'd be suing Disney for the movies are putting out you can hear more on the Hollywood and Toto podcast available on iTunes

0:28.5

Or your favorite audio platform

0:30.5

So the national debts all in the news right and earlier this week we talked about

0:35.9

Is there such a thing as a debt ceiling and we arrived at what I think is a fact that no we don't have a debt ceiling

0:43.0

We have a brand called ceiling

0:46.4

But it's actually not you know, you don't raise ceilings and

0:50.5

This whole debate this whole discussion about raising the ceilings means it's not a ceiling, but how bad is this and

0:57.7

Honestly, I want to ask Zach Gaberham

1:00.4

He's gonna join us here in a second. I want to ask him a very very hard question and I know I can count on my brother to answer it

1:08.0

Honestly, so Zach Gaberham would join us to talk about that. We'll talk about the housing market

1:11.9

There's just really I think very bad signals

1:15.9

From the housing market and then zero hedge says that

1:19.7

Some corporate debt believe it or not

1:22.6

Might be the hidden debt bomb. We'll talk about that as we continue to talk with Zach about our economy

1:28.1

Thank you to ruff greens calm slash Todd for helping us do shows like this help ruff greens calm slash Todd's where you can

1:35.7

You'll get a trial bag, okay?

1:37.7

You pay the shipping they'll send you the product first for your dogs ruff greens calm slash Todd

1:43.3

The Todd Herman show is 100%

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