The New Fed Chair Just Told Congress His Plan — He Left Out The Part That Steals Your Savings!

Franklin Roosevelt destroyed 40% of America's debt overnight by refusing to pay, an action the Supreme Court deemed unconstitutional.

Approximately 14 cents of every dollar the US federal government spends is allocated to paying interest on borrowed money.

The US debt to GDP ratio is currently 122%, a level last seen at the end of World War II.

A 2023 IMF paper by two economists concluded that growth alone accounted for less than 25% of the US World War II debt reduction, with the rest due to calculated policy decisions.

The interest alone on the US federal debt is a staggering $1.2 trillion.

Deutsche Bank analysts estimate that under Kevin Warsh, Treasury bills could rise from less than 5% of Fed holdings to as much as 55% over the next 5 to 7 years.

Adjustable rate mortgages were the primary cause of the 2008 housing market collapse.

In 1951, the Treasury-Fed Accord was signed, severing the link between the two institutions and freeing the Fed to fight inflation independently.

Kevin Warsh wants to renegotiate a new agreement between the Federal Reserve and the Treasury Department to publicly coordinate on the size of the Fed's balance sheet and national debt management.

Kevin Warsh argues that artificial intelligence will drive a productivity boom large enough to absorb inflationary pressure from other economic moves.

On April 1st, 2026, a banking rule known as the supplementary leverage ratio (SLR) was changed, relaxing regulations on the eight largest US banks and freeing up tens of billions of dollars in capital.

The stablecoin market is currently around $200 billion and is projected by major banks to grow into the trillions over the next decade.

If history has taught us anything, it's that you can't wave a wand and make $39 trillion just disappear.