us federal debt increases by a quarter of a trillion dollars in one month

[Stalin]

7/26/2024

$27,834,220,424,052.01

$7,167,057,755,156.66

$35,001,278,179,208.67

8/27/2024

$28,122,457,986,740.07

$7,167,034,016,414.92

$35,289,492,003,154.99

lets print lots more money and throw weapons at israel and ukraine

runaway compound interest

2024 0.929 trillion ( more than war machine )

2028 4.1 trillion

anyone see the endgame here

https://www.usdebtclock.org/

from the source

Debt to the Penny | U.S. Treasury Fiscal Data

Debt to the Penny is the total debt of the U.S. government and is reported daily. It is made up of intragovernmental holdings and debt held by the public.

fiscaldata.treasury.gov

comrade stalin
wall street

 

[Boris Norris]

7/26/2024

$27,834,220,424,052.01

$7,167,057,755,156.66

$35,001,278,179,208.67

8/27/2024

$28,122,457,986,740.07

$7,167,034,016,414.92

$35,289,492,003,154.99

lets print lots more money and throw weapons at israel and ukraine

runaway compound interest

2024 0.929 trillion ( more than war machine )

2028 4.1 trillion

anyone see the endgame here

https://www.usdebtclock.org/

from the source

Debt to the Penny | U.S. Treasury Fiscal Data

Debt to the Penny is the total debt of the U.S. government and is reported daily. It is made up of intragovernmental holdings and debt held by the public.

fiscaldata.treasury.gov

comrade stalin
wall street

It doesn't matter. That debt will never be repaid by any govt. They will continue to provide stimulus and basically print money.

 

[Stalin]

it does matter

printing money causes inflation....economics 101

been the the grocery store lately ?

comrade stalin
wall street

 

[Phoenix68]

been the the grocery store lately ?

comrade stalin
wall street

.​

Kroger Executive Admits Company Gouged Prices Above Inflation​

.
....................
.​

 

[Gabriel_Bell]

There are only two ways to deal with the debt. Lower the rate of spending, or raise taxes.
Neither party wants to do either.
The economic system of this country is based on constant growth.
Cutting spending and raising taxes interfere with maintaining this constant growth.