Paying off the debt with inflation isn't paying it off. It's a default with better PR. Full episode:

Watch the full episode here:

Pay your own debt off first what about the Puerto Rican Bank? What about all the customers?

Same trick works at the household level: a 3% raise in a 4% inflation year is a pay cut with a nicer email. Price your budget in groceries, not dollars.

This is really important for YOUNG PEOPLE TO UNDERSTAND. @PeterSchiff I can’t thank you enough for proving a REAL contrarian view. In times like these, and as a very educated young financial professional, I always turn to your podcasts to get a brutally honest assessment.

You borrow dollars today, then inflate away their purchasing power and repay creditors with cheaper dollars tomorrow.

No choice, buy hard assets.

sDitto. Trump's $40T debt isn't going away... the $USD is

Inflating away the debt just shifts the cost somewhere else. You and @JonLeeMiller are the two accounts I most enjoy following.

They have no choice. Be on the right : hard assets!

Sure, but here's the thing: it's just BS fiat currency. Not like it's a debt of actual MONEY.

Inflation “paying off the debt” while my grocery bill keeps climbing is a wild way to put it

Inflation is a hidden tax/theft that lets governments avoid transparent fiscal adjustment. The core insight holds: it is not genuine repayment of the real economic claim. Relying on it postpones hard choices on spending and taxes while imposing diffuse costs.

Go gold baby

yeah this is just a default with extra steps tbh

dollar melting in his hand, accurate!

Which is exactly what @realDonaldTrump was hired to do by the 200 Generals. NCSWIC 🐸

Many of us know that was already going to happen. Trump just told everybody. Not good, just inevitable. We need a balanced budget ammendment