The United States national debt is running at more than $40 trillion dollars. It’s a potential crisis in the making, but President Donald Trump suggested it can all be solved just by inflating the debt away. Today, we dig into the nitty gritty on how and when inflating the national debt could work. Fact checking by <a href="https://www.npr.org/people/1268825622/sierra-juarez"target="_blank" >Sierra Juarez</a>. Your Next Listen –<a href="https://www.npr.org/2024/04/30/1197964071/federal-debt-national-deficit"target="_blank" >Is the federal debt REALLY that bad?</a>–Over 2,000 episodes in <a href="https://app.npr.org/aggregation/510325"target="_blank" >our archive on the NPR App</a> Connect with The Indicator from Planet Money–<a href="https://npr.org/indicatornewsletter"target="_blank" >The Indicator newsletter</a> — a weekly roundup of news, ideas and staff picks. –<a href="https://www.instagram.com/planetmoney/?hl=en"target="_blank" >Instagram</a>, <a href="https://www.tiktok.com/@planetmoney"target="_blank" >TikTok</a> and <a href="https://www.youtube.com/playlist?list=PLiWlgFyO9hsMut185wEh-5F9YMUF6wqar"target="_blank" >YouTube</a> –Find the <a href="https://lnk.to/i3AukBdDWE"target="_blank" >Planet Money book</a> –Find the <a href="https://shopnpr.org/products/planet-moneys-sell-me-a-sasquatch-board-game?Pmax&gad_source=1&gad_campaignid=23597731376&gbraid=0AAAABCDc-MlxLoHpn3aB7Cl5X-nVnzyXL&gclid=Cj0KCQjwuJLWBhD_ARIsAIBcRUwrAD7rYHnu5no4C0djeuOI59nR5dW4zDuToOiV0blG0NXSP6pqf5IaAkinEALw_wcB"target="_blank" >Planet Money game, Sell Me A Sasquatch</a>, and other merch at the <a href="https://shopnpr.org/search?q=indicator&options%5Bprefix%5D=last"target="_blank" >NPR Shop</a>! Support public media by <a href="https://plus.npr.org/planetmoney"target="_blank" >subscribing to NPR+</a> and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at <a href="http://plus.npr.org"target="_blank" >plus.npr.org</a>. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. <a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>

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The gamble of trying to inflate away debt

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