The U.S. national debt has reached a historic high of 85,590,626,170, with 25% of tax revenue used to pay interest. This indeed raises concerns about inflation, long-term fiscal stability, and the future direction of the dollar, as detailed below:

Inflation aspects

- Increase in money supply: To repay debt and pay interest, the U.S. government may resort to printing more money, which will increase the money supply and thus trigger inflation.

- Demand-pull inflation: By borrowing, the government may maintain fiscal spending, which could stimulate economic growth and increase total demand. If supply cannot respond quickly, it may lead to rising prices, resulting in demand-pull inflation.