$25 Trillion in Debt, Courtesy of The Fed...Is The "End" Near?

[PAF]

May 8, 2020



It took over 200 years for the U.S. national debt to reach $1 Trillion. Now, $1 Trillion of debt is added in just 1 month! A monopoly central bank that counterfeits money paves the road to economic ruin. While Americans should have never allowed the creation of the Fed in 1913, and should have put an end to it quickly, the day is approaching when the Fed will have no choice but to end itself.


http://www.ronpaullibertyreport.com/

[BortSimpson]

In one sense I agree that this is absurd. On the other hand, I thought it was already absurd at previous debt levels. For example, wasn’t 5T, 10T, 20T, etc bad enough?

[Bern]

With an exponential rate of growth, I'm guessing it will reach a quadrillion before I die. What's a few more zeros between friends?

[SpiritOf1776_J4]

I'd guess from the last panic, it will go to a run on dollars as other currencies are in trouble, making the dollar temporary more valuable, to eventually a worthless currency and back to gold and silver.

A race to the bottom, where you just get there a little slower than everyone else.

[enhanced_deficit]

Make that $26T.