<\/p>\n
The US national debt has skyrocketed by more than half a trillion dollars in just four months, according to the U.S. Treasury Department.<\/p>\n
Since December 12th, the US national debt has risen by approximately $543 billion, per<\/a> the U.S. Treasury Department\u2019s Debt to the Penny dataset.<\/p>\n The total US national debt now stands at $38.88 billion, an increase of around 7% year over year.<\/p>\n The rapid growth of the national debt comes as former U.S. Representative Ron Paul warns the ongoing Middle East war between Iran on one hand and the US and Israel on the other will make the situation worse.<\/p>\n \u201cThe rate of [debt] increases will be greater as long as the government is spending almost a billion dollars a day, or more, on a regime change war in Iran.\u201d<\/em><\/p>\n According<\/a> to Paul, the rising debt will place the Federal Reserve under pressure to lower the interest rates and may also force it to purchase more of the US government\u2019s debt.<\/p>\n As a result, Paul says, foreign countries could cut their purchases of US debt due to the \u201cUS government\u2019s out-of-control spending and by resentment over the US government\u2019s hyperinterventionist foreign policy.\u201d<\/p>\n \u201cThese factors could also accelerate the increasing rejection of the dollar\u2019s world reserve currency status. A loss of the reserve currency status will cause a dollar crisis, leading to an economic crash worse than the Great Depression.\u201d<\/em><\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" The US national debt has skyrocketed by more than half a trillion dollars in just four months, according to the U.S. Treasury Department. Since December 12th, the US national debt has risen by approximately $543 billion, per the U.S. Treasury Department\u2019s Debt to the Penny dataset. The total US national debt now stands at $38.88 […]<\/p>\n","protected":false},"author":2,"featured_media":422072,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-422065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=422065"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422065\/revisions"}],"predecessor-version":[{"id":422073,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422065\/revisions\/422073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/422072"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=422065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=422065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=422065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n
\nDon’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
\n
\nCheck Price Action<\/a><\/span><\/em>
\n
\nSurf The Daily Hodl Mix<\/a><\/span><\/em>
\n<\/p>\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n