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News@lemmy.world · 1 day 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

return2ozma@lemmy.world to

News@lemmy.world · 1 day 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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Fluffy Kitty Cat@slrpnk.net
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16 hours ago
Hyperinflation would be so cool. I would pay off my student loans for the price of a dozen eggs
- Laser@feddit.org
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  16 hours ago
  Surely there’d be no other downsides
  
  But yeah inflation outpacing interest is mostly good for the borrower.

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