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What would be the effect on the value of the dollar if the ceiling were raised (depreciation/inflation)? How can the US eventually get out of debt?

Posted on July 5, 2018 by Admin

The United States national debt is more than 14.3 trillion and increasing, and is about to be declared bankrupt. There are talks on raising the debt ceiling, what would be the implications of raising the debt ceiling? What would be the effect on the value of the dollar if the ceiling were raised (depreciation/inflation)? How can the US eventually get out of debt?

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