The Todd Herman Show

Can we EVER pay back the US Debt? Episode 869

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Synopsis

Can we EVER pay back the U.S. debt? Can we EVER go back to the Gold Standard? Zach Abraham joins us. It’s a simple series of questions that get to the heart of a very important question: what part of the reality presented to us is real? Today, Zach Abraham and I discuss them: “can the United States ever pay down the debt?” “If the Federal Reserve ‘acquires’ the debt and pretends it is gone, what does that mean about money . . . is any of it real?” “Can the U.S. ever return to the Gold Standard--or ANY rational standard--for our currency?” “If we did apply a rational standard to our currency why would the debt we owe on houses increase by 4x?” Zach also explains why he, as a CIO, thinks Target and Budweiser are perfect candidates for class action, shareholder lawsuits and I think his explanation is brilliant. What does God’s Word say? Ephesians 6:12 12 For our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritu