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$40 trillion

With the $40 trillion National Debt, Money Is not “Free” Anymore

by John Horvat II September 18, 2026
With the $40 trillion National Debt, Money Is not “Free” Anymore

It passed by with little ceremony. The national debt reached $40 trillion. That is a huge number, but like all things huge and unimaginable, it is abstract. The tendency is to treat it like any number. It is almost an arbitrary marker, little different from any number that came before or what will follow. In … Read more

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