How Government Debt Is Killing The US Dollar Authored by Daniel Lacalle, «The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring temporary prosperity; both bring permanent ruin. But both are the refuge of political and economic opportunists.” – Ernest Hemingway The United States federal debt has soared to $35.3 trillion. In less than a year, the federal government has increased its debt by $1.9 trillion. This occurred during years of record tax revenues and economic growth. If the current administration remains in power, the Treasury’s own estimates predict an additional $16… — Continue at ZeroHedge News : Read More
