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 hi I'm up on the ranch again and I just wanted to chime in on the debt ceiling delusion you need to go back to episode four of hidden secrets of money and watch because every four years or so they Trot out this dog and pony show to whip the public up into a frenzy and to make us take sides and it doesn't matter which party is in power the party that is in power will take the maximum amount of time before submitting a budget so that there's no time left and then tell the other party that is going to be

against that budget that they have to pass it right away or they're the evil people and this just happens over and over again it has been 78 times that this has happened since 1960 and oh my God the world is coming to an end and now they are conflating and I believe this is purposeful they are conflating uh the a debt default with running into the debt ceiling and a government shutdown a debt default is when we can't pay and we're basically telling the rest of the world okay U.S treasury bonds are

no good we're not sorry we're not paying you that's a default or we're giving you a haircut you'll get 80 cents on the dollar uh but this is a debt ceiling that they've run into we have roughly five trillion dollars of tax income and we're planning on spending seven trillion dollars and that is the problem the problem lies at the feet of all of the politicians not just the ones that are red or blue uh you just have to lay the blame at the feet of every politician that keeps on promising to spend more

than our income to you this is their their promise they are going to leave you and your children deeper in debt tomorrow than you are today and we're at a point there will come a day where uh this is like the end of the road on it it just doesn't seem like it seems like this is the same as it has been over and over and over again but they keep on trying to whip us into an even greater frenzy and cause you to take sides and create more division uh and derision inside this country so that I mean I've

never seen it at level where people hate each other as much as it is today so go and watch the debt ceiling delusion because this just keeps on happening over and over again they run into this imaginary ceiling and there's all these threats and then they raise the ceiling and what good is a ceiling if if it keeps on going up I mean it's 78 times since 1960 that this has happened now my book will be coming out in a week and at that point there's a lot of of uh content that we're going to be giving away for free

that is actually part of the book but it's content that you're going to be able to get visiting a website going you can email it to one another uh and this is the heart of how the monetary system works and how all of this comes to be there's this crazy debt ceiling debacle that we have every four years uh and so if you learn how to see through this smoke screen it will benefit you for the rest of your life and you'll be able to see this thing as the joke that it is because this is just a really bad joke

that is being perpetrated on all of us and it is being perpetrated this isn't something that is like an accident this isn't something that truly is an emergency if it was an emergency they could have gotten ready for it many many years ago and they could have planned to spend less in this budget and create a budget that could have been approved by both sides regardless of what side is in power what they will always is take the maximum amount of time to present prevent present the budget this

budget should have been presented three four months ago but they use up all of the time so that they can then present it and tell the other party it doesn't matter whether it's the Republicans telling the Democrats or the Democrats telling the Republican okay if you don't pass this tomorrow you're the evil guys that is the goal here is to make somebody evil and to keep you off kilter uh learn as much as you can about economics and how the monetary system works and you know that this whole thing

is just a joke it's just a scam that they are perpetrating on all of us and it does need to come to an end because if it doesn't come to an end because of something we've done about it to prevent this from happening it will come to an end very badly someday in the future I want to thank you for watching we'll see you next time