Washington Politicians Bear Down on New Bailout Negotiations

12:07 PM

First published by Money Metals here: https://www.moneymetals.com/podcasts/2020/10/02/trumps-covid-infection-002136

Precious metals markets are advancing this week as a massive new stimulus bill makes its way through Congress. On Thursday evening the House of Representatives passed a $2.2 trillion coronavirus relief bill on a party line vote. It’s a big deal whenever Congress commits to spending that kind of cash, especially when it’s money that has to be borrowed into existence. These days, though, it’s not that unusual for Washington to dole out trillions of dollars at a time.

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