Episode Details

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Josh Sigurdson talks with Mark Gonzales about the skyrocketing national debt which just hit $37 trillion following the Big Beautiful Bill's $3.3 trillion and the raising of the debt ceiling.

Both Biden and Trump thus far have told the public that there is no significant inflation and that the economy is growing. This is simply untrue. It's not even in their hands in the first place.

DOGE ended up with the government spending more than it had previously despite being all about "cutting spending and waste." It has focused largely on spreading artificial intelligence with a $500 billion bill on day 2 of the administration following by over a trillion dollars more since between the Saudi deal and the Big Beautiful Bill.

The US posted a $291 billion deficit in July, the highest for that month in 4 years. Spending was at levels only seen during emergency orders.

US wholesale inflation had risen 3.3% in July surpassing forecasts as we are told inflation is falling, yet the products households need the most like cheaper food is growing in price constantly. The tariff central planning is also causing these prices to rise on top of money printing.

Global food prices in general are skyrocketing as we see the supply chain collapse by design.

Meanwhile, the Federal Reserve's gold revaluation plan to solve the debt crisis heats up which we delve into in this video as well.

It's time to be real. Consistency is important. Neither Democrats nor Republicans are going to "fix" the economy with more central planning. The Fed has printed unfathomable amount of currency (debt) and this sudden notion for the sake of confirmation bias among people who used to follow the work of Ron Paul thinking that government is going to solve this problem by taxing the consumer is crazy. It is the opposite of what Dr. Paul talked about for decades.

Are you preparing yourself? Or are you sitting on your hands waiting for politics to solve the problems of politics as the state and debt grows?

Stay tuned for more from WAM!

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