US National Debt Exceeds $38.5 Trillion, Adding $6 Billion Daily
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Debt Surge: The US national debt surpassed $38.5 trillion on Saturday, currently standing at $38,561,900,451,378, indicating a troubling trend of rising government debt that could threaten economic stability.
- Daily Increase: According to Congressional data, the US government is projected to add approximately $6 billion daily to its national debt by 2025, resulting in an annual increase of $2.2 trillion, reflecting the unsustainable nature of current fiscal policies.
- Historical Comparison: The US national debt crossed the $1 trillion mark for the first time in 1981 after over 200 years, while the current pace of debt accumulation highlights the urgency of the economic environment.
- Rising Money Supply: The Federal Reserve's M2 money supply has reached $22.4 trillion and continues to rise, a trend that may exacerbate inflation and erode the purchasing power of the dollar, thereby enhancing Bitcoin's appeal as an inflation-resistant asset.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
