America basically had no debt between 1950’s and 70’s. Economic growth was strong enough to allow America to pay off the debt it collected until that point.
America basically had no debt between 1950’s and 70’s
————
We were also on a Gold standard until 1971. Speaking of Gold, what ever happened to President Trump’s Ft Knox Gold audit? ….i am beginning to think someone tapped him on the shoulder and told him it’s not there.