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$38 Trillion U.S. Debt Paradox
Forbes·2025-10-29 12:05

The U.S. owes $38 trillion, and can print every dollar of it.When you can create the money you owe, does debt even exist?The real risk isn’t default - it’s what those dollars will be worth.If trust in the dollar slips, inflation hits and markets tumble.U.S. debt just crossed $38 trillion, almost 125% of GDP. Economists warn of a crisis, yet America has never defaulted in its own currency. Is this really a ticking time bomb, or a misunderstood feature of modern finance?If a company, for example, issues debt ...