Loading ...Don’t over panic, it’s $1.1tn, you can’t put a full stop in the URL title; just panic moderately.
Solutions:
a) DOGE saves $2tn per year as hoped and the economy enters severe deflation as all that money creation is removed. Bonus: Interest rates will fall to zero saving another $1tn!
b) Taxes are boosted by $2tn, tanking the consumer economy and causing a depression.
c) Tariffs are boosted by $2tn, tanking the global economy and thus losing the $2tn in tariffs anyway.
d) Keep printing money to pay the bills so the US inflates its way out of trouble, crashing the USD and resulting in a major depression.
Pick your poison. Consult your AI oracle for the best/most likely/alternative scenario, and ask it if any options are bad for gold.
“We cannot get out. We cannot get out”. Ori the Dwarf, The Book of Mazarbul.