Inflationary Debt: America’s Downfall


In the early 1980s, I was working as a residential mortgage broker when I bought my first home for $90,000. To make it possible, I took out a first mortgage and a second loan at 13% interest. Together, they totaled $149,000—an enormous burden driven by sky-high rates. From that moment on, I vowed to make interest work for me, not against me.  

Today, our nation faces a similar burden—only this time, it’s not one household, but the entire country. America’s decline is being driven by spiraling debt.  

Conservatives once prided themselves on fiscal restraint. That mantle has been abandoned. How can anyone claim the title of “conservative” while presiding over runaway borrowing that accelerates inflation and erodes the nation’s economic foundation?  

The numbers speak for themselves. The U.S. national debt has surged past $38 trillion, just two months after crossing $37 trillion. That’s a $1 trillion increase in barely eight weeks—an astonishing $5.34 billion added every single day. By 2024, the debt stood at $36.2 trillion, the equivalent of $106,000 per person.  

Since 1971, the dollar has lost 98% of its purchasing power. We are overextended, and printing more dollars no longer solves the problem.  

Debt fuels inflation through:  

- Money printing: Deficits swell the money supply, devaluing the dollar.  

- Higher interest rates: Rising debt drives up borrowing costs for families and businesses.  

- Eroded confidence: Persistent inflation undermines trust in the economy’s future.  

The consequences are clear. Americans pay more as:  

- Mortgages, car loans, and credit card rates climb.  

- Wages stagnate while investment slows.  

- Goods and services grow more expensive.  

- Future generations face higher taxes or painful cuts to Medicare and Social Security.  

Meanwhile, families struggle while billionaires thrive. In just four years, the number of U.S. billionaires rose to 737, with their collective wealth ballooning to $5.53 trillion—an 88% increase of $2.58 trillion.  

We now spend more on interest payments than on national defense.  

And yet Washington, instead of curbing excess, spends $181 billion annually on subsidies and tax breaks that overwhelmingly benefit the largest corporations. These policies deepen inequality and accelerate the crisis.  

Fiscal awareness is not optional—it is the lifeblood of a thriving democracy. Every day, the dollar in your pocket loses value while Washington funnels wealth upward. Unless we demand accountability and real restraint, the cycle of debt and inflation will continue to hollow out the middle class and mortgage the future.  

History offers a warning. Global empires—from Spain to England—collapsed after debasing their currency through debt. America is not immune.  

If we do not restore fiscal responsibility, the question is not if economic collapse will come, but when.  



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