The National Debt Is a Really Bad Idea.

With all the debate about the debt ceiling, government deficit spending, and taxation I will go over today why I think a National Debt and Central banking are bad ideas that benefit a select few at the detriment of the general public.Show more

People tend to think that a National Debt is necessary and leads to prosperity but in my opinion, it is quite the opposite.

We will look at the last time the National Debt was paid off in the United States and how it actually coincided with the charter of the Second Bank of the United States not being renewed.

Timeline of U.S. Federal Debt Since Independence Day 1776: https://www.debt.org/faqs/united-states-federal-debt-timeline/

History of the United States public debt: https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt#:~:text=were%2018%20surpluses.-,Payment%20of%20US%20national%20debt,history%20that%20has%20been%20accomplished.

Where to buy precious metals:

In North America:

Are you looking for ways to protect your wealth during these uncertain times? Learn how to develop a customized strategy to safeguard your assets with ITM Trading's expert Gold & Silver analysts team. Learn more ➡️ https://learn.itmtrading.com/maneco64 or call 866-989-4368. US mailing address required.

Miles Franklin Precious Metals Investments: send an email to info@milesfranklin.com and mention Mario or maneco64 or call on 1-800-822-8080

In the U.K.

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

In the U.K. and U.S.

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

SUPPORT the Channel:

Teespring Store: https://www.youtube.com/channel/UCAvSnci_3qHF_7c2LQnP_wg/store
PayPal: https://www.paypal.me/maneco64
Patreon: https://www.patreon.com/maneco64

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.