US Debt, Gold, and Interest Rates: Analyzing the Impacts

The US debt is over 30 trillion dollars in 2024 and is projected to pay nearly 800 billion dollars in debt service alone/nPossible outcomes for the US debt are runously high taxes, big inflation, or fiscal consolidation primarily focused on growth/nBuying gold is not recommended as a hedge against inflation; long dated treasury inflation protected securities are a better option/nHigher interest rates can be beneficial for savers and detrimental for borrowers, depending on the economic conditions/nHigher interest rates can be a sign of a growing economy with productive opportunities, but can also have negative effects on economic growth