The national debt recently hit the headlines after Moody's downgraded the U.S. credit rating.

But does the national debt really matter?

A lot of people think not and most don't seem overly concerned about it.

In this episode of the Money Metals' Midweek Memo podcast, host Mike Maharrey argues that they should be worried, and he explains why. He specifically addresses how exploding government debt could impact the markets and urges gold and silver investors not to focus exclusively on the daily tariff news.