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US debt hits $35 trillion milestone: Took 200 years to reach $1 trillion but only 4 years to add $12 trillion in new debt

In 2021, we wrote a piece highlighting a startling fact: “80% of all US dollars in existence were printed in the last 22 months.” Back then, the money supply surged from $4 trillion in January 2020 to $20 trillion by
The post US debt hits $35 trillion milestone: Took 200 years to reach $1 trillion but only 4 years to add $12 trillion in new debt first appeared on Tech Startups.

In 2021, we wrote a piece highlighting a startling fact: “80% of all US dollars in existence were printed in the last 22 months.” Back then, the money supply surged from $4 trillion in January 2020 to $20 trillion by […]

The post US debt hits $35 trillion milestone: Took 200 years to reach $1 trillion but only 4 years to add $12 trillion in new debt first appeared on Tech Startups.

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