US Government Sends $162,000,000,000 in Erroneous Payments in Just One Year: Report

February 16, 2025 The Daily Hodl

US Government Sends 2,000,000,000 in Erroneous Payments in Just One Year: Report

The U.S. Government Accountability Office (GAO) says the federal government made massive payment errors during the 2024 fiscal year. In a new report, the congressional watchdog says the total dollar value of the government’s “improper payments” hit $162 billion. According to the GAO, payment errors can be anything between unintentional administrative errors and fraud. They […]

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Study: Political Memecoins Lead to Investor Disillusionment

Ray Dalio Issues Warning, Says US Government Approaching ‘Debt Death Spiral’ As Interest Payments Soar

February 16, 2025 The Daily Hodl

Daily Hodl

Iconic investor Ray Dalio says the US government is headed toward a “debt death spiral” due to chronically large deficits. In a new interview on CNBC, the Bridgewater Associates founder says that in healthy credit cycles, all parties including the debtor, creditor and market can benefit from the flow of new money in the system. […]

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Study: Political Memecoins Lead to Investor Disillusionment

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As $36,288,567,567,400 National Debt Approaches Ceiling

January 5, 2025 The Daily Hodl

Janet Yellen Warns ‘Extraordinary Measures’ Incoming As ,288,567,567,400 National Debt Approaches Ceiling

Daily Hodl

Treasury Secretary Janet Yellen is urging Congress to act as the debt ceiling deadline approaches. In a letter to Speaker of the House Mike Johnson, Yellen says the government will likely reach its debt limit sometime in January, largely because of obligations related to Medicare payments – forcing the government to take “extraordinary measures” to […]

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Study: Political Memecoins Lead to Investor Disillusionment

CryptoQuant CEO Says Using Strategic Bitcoin Reserve To Offset US Debt Is Feasible, Calls the Approach Practical

December 25, 2024 The Daily Hodl

Bitcoin

The chief executive of the digital asset analytics firm CryptoQuant thinks a national strategic Bitcoin (BTC) reserve could offset US debt. Ki Young Ju tells his 389,600 followers on the social media platform X that $790 billion in realized capital inflows have ballooned Bitcoin’s market cap to $2 trillion over the past 15 years. “This […]

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Study: Political Memecoins Lead to Investor Disillusionment

Stablecoins Should Become Mass Export Product of the US, Says Circle CEO Jeremy Allaire

December 18, 2024 The Daily Hodl

Altcoins

The chief executive of stablecoin issuer Circle says that dollar-pegged digital assets should become a mass export product of the United States. In a new interview on CNBC Television, Circle CEO Jeremy Allaire says that the US should promote “full reserve digital dollars” as a means of preserving the value of the US dollar. Allaire […]

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Study: Political Memecoins Lead to Investor Disillusionment

US National Debt Reaches $36 Trillion: What It Means for Bitcoin

November 26, 2024 Bitcoin.com

Bitcoin

The U.S. Treasury Department recently reported that the national debt had surpassed the $36 trillion mark, reaching an all-time high. Analysts have spoken about the positive effects of a rising debt trend on bitcoin and how it would eventually trigger a devaluation of the U.S. dollar. U.S. National Debt Surpasses $36 Trillion: A Benefit for […]

Study: Political Memecoins Lead to Investor Disillusionment

$36,000,000,000,000 US Debt Is National Security Issue As Massive Interest Payments Mount: Washington-Based Think Tank

November 23, 2024 The Daily Hodl

Daily Hodl

The Bipartisan Policy Center says the US government’s multi-trillion dollar debt is now a clear threat to national security. The Washington-based think tank highlights in a blog post that the US shelled out nearly $1 trillion just to pay the interest of its ballooning national debt during the 2024 fiscal year (FY), which ran from […]

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Study: Political Memecoins Lead to Investor Disillusionment

US Borrowing $8,000,000,000 Per Day As Ratings Agency Moody Issues Warning on Nation’s Deteriorating Fiscal Strength

November 16, 2024 The Daily Hodl

US Borrowing ,000,000,000 Per Day As Ratings Agency Moody Issues Warning on Nation’s Deteriorating Fiscal Strength

Daily Hodl

New numbers show the US government is piling a staggering amount of debt onto its balance sheet every single day. The nonpartisan, nonprofit Committee for a Responsible Federal Budget (CRFB) says the federal government is now borrowing $8 billion per day just to keep things running. Citing data from the Congressional Budget Office (CBO), the […]

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Study: Political Memecoins Lead to Investor Disillusionment

US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000

November 4, 2024 The Daily Hodl

US Treasury Adds 4,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at ,951,000,000,000

Daily Hodl

The US national debt just hit a new record high after the Treasury Department added $104 billion to its outstanding balance in a single day. The Treasury’s Debt to the Penny database shows the government’s pile of debt is close to $36 trillion, clocking in at $35.951601173936 trillion. The US shattered the $35 trillion barrier […]

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Study: Political Memecoins Lead to Investor Disillusionment

Global Debt Will Shatter $100,000,000,000,000 This Year As Governments Prepare To Increase Spending, Warns IMF

October 19, 2024 The Daily Hodl

Global Debt Will Shatter 0,000,000,000,000 This Year As Governments Prepare To Increase Spending, Warns IMF

Daily Hodl

The International Monetary Fund (IMF) is sounding the alarm on skyrocketing levels of debt held by governments around the world. In its newest Fiscal Monitor Report, the IMF says global debt is expected to surpass $100 trillion by the end of the year. That’s up from $97 trillion a year ago, with the United States […]

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