“War Room” host Steve Bannon explains why the debt ceiling fight is inextricably tied to the Federal Reserve’s monetary policies.
“You must connect the Federal Reserve, the funding mechanism, to the fiscal domination of our political class and they continue to bury the American people…. They have no way out of here… They can’t show you a model because all they’re going to show you is deficits… as far as the eye can see every year… financed not by the Japanese, not by the Chinese, not by the insurance companies … but just basically by continuing to print money at the Federal Reserve. It’s not sustainable.”