The National Debt clock just surpassed $28 trillion dollars. It’s not even close to slowing down or going backward. With the upcoming passing of the latest “COVID Stimulus Bill,” the total debt will surpass $30 trillion. Over the years it’s been predicted that when we hit $6 trillion, $10 trillion, $16 trillion, and even $20 trillion that inflation would skyrocket, the United States would default on its payments – and the economy would crash. It never happened….at least not yet. There will come a time when the money supply surpasses the ability for the perceived value of the US dollar
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March 8, 2021 at 08:39AM
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