Episode 1896 • • 57:36 - 1:00:37
1896: Just Dew It
National Debt Reaches 40 Trillion and Quantitative Easing
The United States federal debt has reached a record $40 trillion, increasing by $1 trillion in the last five months alone. Rising costs for Social Security and Medicare, combined with tax cuts and pandemic relief bills like the One Big Beautiful Bill Act of 2025, are cited as primary drivers. The Treasury has reportedly begun purchasing back bonds, a move the hosts discuss as a form of debt monetization or quantitative easing to lower long-term interest rates.