Episode 73 It's Still the Fed, Stupid

Summary:The U.S. government is trying to pass a bill to send another $40 billion in military aid to Ukraine. The bill sailed through the House of Representatives and is expected to pass the Senate despite Senator Rand Paul’s procedural delay. While many have pointed out this money is being spent while Americans suffer with price inflation and shortages of baby formula and other essentials, no one is asking this question: Who is going to buy those $40 billion worth of U.S. government bonds?Additional Reading Federal Deficit Trends Over TimeFederal Reserve Balance Sheet ChartFederal Debt: Total Public DebtFree Gift from Tom:Download a free copy of Tom's new e-book, It’s the Fed, Stupid, at itsthefedstupid.com. It’s also available in paperback here.It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.Like the music on Tom Mullen Talks Freedom? You can hear more at tommullensings.com!