
Market Analysis
How the Treasury and Fed Manage the $40T+ National Debt
TL;DR: The Treasury borrows the money by auctioning bills, notes and bonds. The Federal Reserve does not manage the debt. It sets short term interest policy, and its decisions change what that borrow…
Jeff Barnes, MBA··5 min read

Market Analysis
Can Growth Fix U.S. Debt? CBO Says 5%-6% Is Needed
TL;DR: CBO Director Phillip Swagel says growth alone can't steady U.S. debt: it would take 5% 6% real GDP growth, assuming interest rates of 4% 5%, Fortune reported on October 10 . The economy grew 2…
Jeff Barnes, MBA··5 min read

Angel Investing
National Debt Hits $40.36 Trillion: What It Means
TL;DR: The national debt has reached $40.36 trillion, according to wearesavers.com , after a $2 trillion federal deficit in fiscal 2026. Treasury data shows $40.27 trillion on October 6. If you're si…
Jeff Barnes, MBA··5 min read