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News@lemmy.world · 2 days ago

U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

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U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

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News@lemmy.world · 2 days ago

This rapid debt accumulation is the fastest outside of the COVID-19 pandemic, with the debt having reached $37 trillion in August.

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Trumpflation returns. Its the biggest, most beautiful type of inflation where rich people get richer and everyone else pays more.

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