Today is the 390th day that the GOP has failed to repeal Obamacare. Meanwhile, the same Republicans that swore they would cut spending when Obama was in office just approved a budget with $300 billion in new spending. The Federal Reserve makes all of this spending and debt possible through its money-printing. But states are continuing to push forward with measures that could ultimately undermine the central bank. In this episode of Tenther Tuesday, Michael Boldin and Michael Maharrey talk about legal tender bills moving in several states, along with legislation to take on federal healthcare and spying. They also engage in a little discussion on cryptocurrency and talk a bit about TAC’s overall strategy.
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Who is going to buy all this debt? (via SchiffGold)