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Craig Hemke at Sprott Money: The U.S. debt ceiling illusion
8:52p ET Tuesday, July 23, 2019
Dear Friend of GATA and Gold:
The U.S. government's "debt ceiling" is a fraud, the TF Metals Report's Craig Hemke writes tonight at Sprott Money, because it is no longer a fixed amount of indebtedness but rather a date after which incurring more debt is prohibited, a date that is routinely extended.
Hemke's commentary is headlined "The U.S. Debt Ceiling Illusion" and it's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/the-us-debt-ceiling-illusion-craig-hemk...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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