US national debt jumped $345 BILLION in just 3 days
More debt means
What exactly you would like to know?
What effect can this have on the American currency
Depends on how fast other major countries will get into debt. However, from the domestic perspective, inflation will be higher than interest rates in the long term. In other words, savings will be constantly losing value
More debt means
What exactly you would like to know?
What effect can this have on the American currency
Depends on how fast other major countries will get into debt. However, from the domestic perspective, inflation will be higher than interest rates in the long term. In other words, savings will be constantly losing value