Palisades Gold Radio: Debt, Deficits, and the Road to a New Monetary Order

In a recent discussion, financial commentator Tom on Palisades Gold Radio welcomed back economic analyst Mel Mattison to dissect the potential implications of the new administration’s policies, painting a picture of a challenging economic future. Mattison wasted no time expressing skepticism towards government-released economic data, particularly the Consumer Price Index (CPI), which is used to measure inflation. He voiced concerns that true inflation figures might be significantly higher than reported, driven by massive deficit spending and the subsequent need for debt refinancing. He estimates a staggering seven to eight trillion dollars will be issued this year alone to cover these…