The Fed’s magical mystery printer has now defied all the known, and unknown, laws of economics.
Will Judgment Day ever come?
“It's oddly fitting that in a time when the interest on US debt just hit a record $1.1 trillion, that the US deficit for just the first six months of fiscal 2024 is also $1.1 trillion.
“According to the latest Treasury Monthly Statement, in March the US deficit hit $236 billion, some $40 billion more than the $196 billion expected.”
![Polin Thomas](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="50" height="50"><rect fill-opacity="0"/></svg>)
Polin Thomas
Will Judgment Day ever come?
“It's oddly fitting that in a time when the interest on US debt just hit a record $1.1 trillion, that the US deficit for just the first six months of fiscal 2024 is also $1.1 trillion.
“According to the latest Treasury Monthly Statement, in March the US deficit hit $236 billion, some $40 billion more than the $196 billion expected.”
https://www.zerohedge.com/markets/us-deficit-tops-11-..
US Deficit Tops $1.1 Trillion For First Six Months Of Fiscal 2024 As Spending Hits 2024 High
www.zerohedge.com
(more the measure of the worthlessness of the dollar)...