The Debt Ceiling Doesn’t Matter: Default is Inevitable

Here we are yet again clamoring about the debt ceiling. The showdown between Democrats and Republicans on who can give the least ground One side wants spending cuts, while the Treasury notes they have received only a little over half of the expected tax collections from 2022. Meanwhile, big money is placing one of the biggest bets ever on the value of treasuries dropping and the cost of insuring against the United States. Defaulting on its debt is currently higher than it has been since 2011. I will show you why all of this is just noise, whether the debt ceiling is raised or not raised, whether inflation or deflation takes off, or whether rates stay the same, go up, or go down. It is all a distraction from the reality that a default is inevitable, a reality that the United States cannot simply escape. Timecodes 0:00 Introduction 0:54 Understanding Default: Outright vs. Technical 2:41 Hypothetical Futures and the Inevitability of Default 3:59 Deflationary Future: Causes and Consequences 5:20 Outright Default: A Possibility? My Courses: Join Heresy Financial University and Learn how to Grow and Protect your Wealth My New Book: Why We Need the Fed (blank gag book) My Recommended Affiliate Partners: Miles Franklin Precious Metals (tell them I sent you) Monetary Metals Vaulted OneGold (Code Heresy1x) iTrustCapital (Get $100 of BTC) Swan Bitcoin (Get $10 of BTC) Ledger TradingView M1 Finance GroundFloor Fundrise All my socials are @HeresyFinancial Twitter: Insta: TikTok: @heresyfinancial Reddit: Rumble: I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial. #NationalDebt #Inflation #Deflation