The debt crisis in the USA flares up.
Earlier, the US Treasury Department announced the doubling of its own debt buybacks, and today Scott Bessent (US Treasury Secretary) announced that the regulator is going to buy $1 trillion worth of bonds.
Meanwhile, the American national debt has reached 40 trillion, and the world debt tends to 400 trillion (!). It is already obvious that it cannot last so long, but what can be done? More and more people are calling for a return to the gold standard.
And what do you think about the gold standard, write in the comments.
Earlier, the US Treasury Department announced the doubling of its own debt buybacks, and today Scott Bessent (US Treasury Secretary) announced that the regulator is going to buy $1 trillion worth of bonds.
Meanwhile, the American national debt has reached 40 trillion, and the world debt tends to 400 trillion (!). It is already obvious that it cannot last so long, but what can be done? More and more people are calling for a return to the gold standard.
And what do you think about the gold standard, write in the comments.