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The US Treasury's latest fiscal figures confirm that America's debt spiral continues to accelerate. With the federal deficit approaching $2 trillion and gross interest payments reaching a staggering $1.36 trillion in FY2026, Washington faces an increasingly difficult fiscal predicament.
Social Security, Medicare, healthcare, veterans' benefits and gross interest expenses are now equivalent to more than 100% of federal receipts, even before accounting for defence and other government spending.
In today's video, we examine why this debt spiral could eventually force the Federal Reserve into further monetary debasement and what it means for the US dollar, Treasury bonds, gold and silver.
#maneco64 #USDebt #DebtSpiral #USDeficit #Treasury #NationalDebt #FiscalDominance #Gold #Silver #SoundMoney #FederalReserve #DollarDebasement #goldstandard