Inflation, page-5

  1. 16,934 Posts.
    lightbulb Created with Sketch. 140
    The US interest bill is a big worry:

    "interest on US debt - currently the second biggest government outlay at $1.1 trillion - will surpass social security and become the single biggest US expense before the end of 2024 at $1.6 trillion."...

    Default on a debt repayment might be cause for panic but if/when it comes to default on the interest....

    But I suppose that's what the printing press is for. I wonder is there any gold left in Fort Knox.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.