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2025 is staged for a record-breaking year of debt. Although the incoming Trump administration projects an attitude of fiscal responsibility, drastic action will need to be taken to stave off adding trillions to the national debt. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of […]
The Federal Reserve increased the money supply at a record rate in 2020. And a move recently announced by the US Treasury Department will mean even more money flooding into the marketplace. In other words, another tidal wave of inflation.
The net worth of the US comes in at negative $21.5 trillion. This according to the Financial Report of the United States Government recently released by the Treasury Department.
The government shutdown apparently didn’t save Uncle Sam any money. The US Treasury Department said it will borrow about $8 billion more than originally estimated in the first quarter of 2019 as deficits continue to spiral upward. According to new Treasury Department projections, the US government will issue $365 billion through credit markets in the […]
