What they are NOT telling us about the Borrowing Limit (aka Debt Ceiling);
The Debt ceiling is getting Lower every day because of inflation.
Today the Debt ceiling is 14.3 Trillion US$ or 303.4 thousand tons of Gold.
Last year, 2010, in June the Debt ceiling was 12.4 trillion US$ or 336.1 thousand tons of Gold.
So when measured in Gold the debt ceiling has fallen since last year by 32 thousand tons of Gold.
Why do I get the impression I'm hitting the upper atmosphere on a de-orbit without a heat shield?
No comments:
Post a Comment