Debt Ceiling limit will always be raised
Ever wonder why we have taxes if the Fed can just print unlimited amounts of Fiat. Very soon, the creation of unlimited Fiat will cause hyperinflation as the debt service will overwhelm the treasury. A debt spiral.
Are we there yet?
When that occurs we will no longer need to worry as UBI distributed worldwide thru a Global CBDC will eliminate taxes and the issuance of Treasury Bonds. In the process the middle class is asset stripped and joins the great unwashed. Global Fascism/Communism will have arrived run by the Billionaire class who own everything.
Where does Gold and Silver fit in other than the outsized gains achieved during this hyperinflation only to be confiscated when forced into CBDC?
Time for action is before this happens.
Confiscation of gold and silver held privately, is likely only in the western collective “advanced” economies.
I do not see the global south countries going down this path. For example, India.
How will they know you have it? Even if they traced your purchases you say you sold it along the way to pay for food etc.