INSANE: INFLATION & DEBT SOARS ! - National Debt Is Higher Than GDP! - Iran War Crushing Economy

About this episode

Josh Sigurdson discusses the soaring inflation and national debt in the U.S. with Mark Gonzales, highlighting the economic implications of the Iran War.

BUY GOLD & SILVER HERE:https://firstnationalbullion.com/schedule-consult/Avoid CBDCs! HELP SUPPORT US AS WE DOCUMENT HISTORY HERE:https://gogetfunding.com/help-keep-wam-alive/# Josh Sigurdson talks with Mark Gonzales about the soaring inflation and debt in the United States as we see history made with the national debt breaking above the GDP for the first time since World War 2. It's fitting that this pairs with the escalation of the Iran War. While claims online say that the national debt at $39 trillion is now "100% of GDP," the truth based on mainstream metrics is actually closer to 123%. When numbers are viewed by the pre-1980s calculations, it's actually far worse than even that. Another headline we're hearing a lot is that food prices have surged 50% in the past 5 years. The truth is FAR worse when considering hedonic adjustments which Mark explains in this video. As people suffer in poverty and the supply chain continues to worsen with the Strait of Hormuz calamity, President Donald Trump claims there is no affordability crisis (much like Biden had incorrectly claimed during his tenure), going so far as to attack his own base over it saying, affordability is "one good…

People in this episode

Host: Josh Sigurdson

Guest: Mark Gonzales

Topics covered

• inflation
• national debt
• economy
• Iran War
• food prices
• politics

Keywords

• inflation
• national debt
• GDP
• Iran War
• food prices
• economy
• Trump
• Biden
• CBDCs

Sponsors

First National Bullion, GoGetFunding

Mentioned in this episode

Organizations: Donald Trump, Biden, CBDCs, Gold & Silver

Places: United States, Iran

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