from Kerry Lutz's Financial Survival Network
As the Fed balance sheet approaches $10 trillion, Rob Kirby and wonder how much higher this number will go. We sit down and discuss the US debt situation, which doesn’t look as if it’s going to improve any time soon. With the US Treasury increasing the debt limit and struggling to manage the circumstances, we are essentially living on borrowed money and time. Tune in for more insight.
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Great fan of Rob, glad he is in good health, he speaks sense and the truth, I don’t go on youtube.
Is there any real difference in a FED ‘balance sheet’ of 10 trillion or a hundred trillion ? All of it is simply digitized ‘money’ to buy fake assets. No one is willing to put any real accountability into the system, this could go on forever.