What would it really mean if the United States paid off its $37 trillion national debt? In this eye-opening episode, we explore the far-reaching economic consequences—from slashing interest payments and freeing up funds for education and infrastructure, to disrupting financial markets and jeopardizing investor demand for U.S. Treasuries. We’ll delve into how a sudden debt payoff could trigger higher interest rates, reduced private investment, and even economic instability, referencing economic theories like crowding out and fiscal dominance. Get ready to uncover the hidden costs of a seemingly ideal solution, featuring insights from economists and policy analysts on the delicate balance of national finance.

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