The trillions of dollars the US government, Treasury Department and the Federal Reserve have injected into the economy have swelled the national debt.

G.J. Meyer in his book, “The Great War: A World Undone,” reports that the estimated cost of fighting World War 1 was $208 billion. That just about bankrupted the Brit and French. The US cost contributed to a now forgotten depression in 1920/21.

Now President Biden and Congress may spend another $2 trillion for what?

The value of the dollar is dropping fast against foreign currencies. Inflation – only transitory we are told – is rising.

Consider the outcome of all this debt and dollars created by bank loans and household spending of stimulus payments as we look back on 2021 from 2030.

John Huffman, Springdale