Our fiscal challenge in the United States is excessive government spending.

High inflation is resulting in a form of financial repression.

Why do these nations have higher debt levels? The reason is simple and predictable.

Spending is pulling away from revenue.

When governments finance deficits by having central bank create money there is every reason to expect inflation.

Some fiscal experts fret that deficits and debt are increasing, but the real problem is that the spending burden is rising faster than the tax burden.

Tax increases are the unavoidable outcome of Trump’s opposition to entitlement reform.

Federal tax revenues have skyrocketed. When will enough be enough?

There’s plenty of money to pay interest on the debt. There would only be a default if Joe Biden or Janet Yellen (the Treasury Secretary) deliberately chose not to prioritize.

This is the real problem.