The Administration Has Solved The Debt Problem

Quit dooming about the US National Debt.

🚨RED OCTOBER DEBRIEFING: THE WHOLE WEEK, FOR DUMMIES My read: America is moving its debt off a 30-year mortgage and onto something closer to a credit card that rolls over every few months. To make that work, it needs lenders who never leave, and it needs to know exactly who is holding the money. Both are being built right now. Here's the week, in plain English. THE OLD LENDER WENT HOME. For decades, Japan lent the world money because interest rates at home paid nothing. Now Japan's own bonds pay over 3%. This week a big Japanese fund sold every French government bond it owned and brought part of the money home. Japan hasn't sold U.S. debt. But the lender that always showed up now has options. THE NEW LENDER IS WRITTEN INTO LAW. The stablecoin law says every digital dollar has to be backed by short-term U.S. government IOUs. Every new digital dollar is a new loan to Washington. And the companies issuing them can't pay you interest. They keep the interest. You hold the coin. THE PRESIDENT SAID THE QUIET PART. He told TIME that some inflation will help pay off the debt "very rapidly." Inflation shrinks debt by making dollars worth less. So ask who's holding dollars that earn nothing. See number 2. THE FED IS LINING UP TOO. Every month, the Fed takes the money from its old mortgage bonds and buys short-term government IOUs instead. That's about $15 to $17 billion a month. It isn't "printing" or "injecting." It's one IOU swapped for another, and it's all going to the short end. TREASURY IS BUYING BACK ITS LONG BONDS. Buybacks doubled. The old 20- and 30-year paper is being retired. A GOLD-BOND ADVOCATE WALKED IN. A longtime advocate of a 50-year U.S. bond you could trade in for gold just joined Treasury as Counselor to the Secretary. She's confirmed it on her own bio; Treasury hasn't posted it. The Senate blocked her from the Fed in 2020. This job needs no vote. YOUR WALLET IS GETTING AN ID CHECK. Starting November 9, Apple Cash requires you to verify your identity before you can add money. If you don't, you can still spend what's there or send it to your bank. But you can't add to it, send it, or receive it. Money without a name attached can leave. It just can't move anymore. Put it together: Long-term lenders: leaving or being bought out. Short-term lenders: built by law, lined up by the Fed. The money in your pocket: going digital, and getting a name attached. They have been telling us the whole time. I am the guy on the couch, and you have been debriefed.

— TheDebriefing17 (@TheDebriefing17) October 6, 2026