Auto Added by WPeMatico

Feasibility of Trillion-Dollar Platinum Coin Discussed by US Government, FOIA Documents Show

The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the…

Continue ReadingFeasibility of Trillion-Dollar Platinum Coin Discussed by US Government, FOIA Documents Show

Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto

Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described…

Continue ReadingTrump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion

A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted…

Continue ReadingFed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion