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Coin Edition 2024-10-29 14:20:00

Ripple CTO Highlights Record $1 Trillion U.S. Federal Interest Payments

Ripple CTO David Schwartz, also known as JoelKatz, shared data showing record-high U.S. federal interest payments, which have now surpassed $1 trillion annually. This surge reflects a significant change in the U.S. economy, driven by higher interest rates and increased national debt. This trend is raising concerns about fiscal sustainability and future federal spending. Decades The post Ripple CTO Highlights Record $1 Trillion U.S. Federal Interest Payments appeared first on Coin Edition .

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