At this point the US dollar and Fed.gov debt is purely a confidence game
there is no hope of repaying the $40 Trillion of US debt - at anything close to pesent value.
Fed.gov effectively funds the bureaucratic and political entities that have enough political power to force their way to the trough
Most contradictory of all, Fed.gov printed money and debt funds radical marxists in government, academia, NGOs, welfare, etc... who will destroy the productive ability of the USA.
“Most contradictory of all, Fed.gov printed money and debt funds radical marxists in government, academia, NGOs, welfare, etc... who will destroy the productive ability of the USA.”
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Spot on. Productive people become independent and prosperous and don’t need to rely on bloated government programs and largesse. Consequently they are viewed by Marxists as an obstruction to their relentless drive for absolute power and control over people.
fiscaldata.treasury.gov
excerpt-——Federal Spending Overview
The federal government spends money on a variety of goods, programs, and services that support the economy and people of the United States. The federal government also spends money on the interest it has incurred on outstanding federal debt. Consequently, as the debt grows, the spending on interest expense also generally grows.
If the government spends more than it collects in revenue, then there is a budget deficit. If the government spends less than it collects in revenue, there is a budget surplus. In fiscal year (FY) 2025, the government spent $7.01 trillion, which was more than it collected (revenue), resulting in a deficit. Visit the national deficit explainer to see how the deficit and revenue compare to federal spending.
Federal government spending pays for everything from Social Security and Medicare to military equipment, highway maintenance, building construction, research, and education. This spending can be broken down into two primary categories: mandatory and discretionary. These purchases can also be classified by object class and budget functions.
Throughout this page, we use outlays to represent spending. This is money that has actually been paid out and not just promised to be paid. When issuing a contract or grant, the U.S. government enters a binding agreement called an obligation. This means the government promises to spend the money, either immediately or in the future. As an example, an obligation occurs when a federal agency signs a contract, awards a grant, purchases a service, or takes other actions that require it to make a payment. Obligations do not always result in payments being made, which is why we show actual outlays that reflect actual spending occurring.
To see details on federal obligations, including a breakdown by budget function and object class, visit USAspending.gov.
The U.S. Treasury uses the terms “government spending,” “federal spending,” “national spending,” and “federal government spending” interchangeably to describe spending by the federal government.
“Fed.gov effectively funds the bureaucratic and political entities that have enough political power to force their way to the trough”
aka the SWAMP. HHS spends the most money due to Medicare & Medicaid and grants. There is far more FRAUD in distribution of the money than in the recipients intended by Congress.
Deloitte IES is an example.