Credit Report of the United States
|
YEAR |
NATIONAL DEBT |
COST TO SERVICE/NATION DEBT |
AVG. PRICE OF GOLD |
|
|
2003 |
$6,783,231,062,743 |
$318,148,529,151.51 |
$417 |
|
|
2004 |
$7,379,052,696,330 |
$321,566,323,971.29 |
$435 |
|
|
2005 |
$7,932,709,661,723 |
$352,350,252,507.90 |
$513 |
|
|
2006 |
$8,506,973,899,215 |
$405,872,109,315.83 |
$635 |
|
|
2007 |
$9,007,653,372,262 |
$429,977,998,108.20 |
$836 |
|
|
2008 |
$10,024,724,896,912 |
$451,154,049,950.63 |
$869 |
|
|
Quantitative Easing 1 - Interest rate lowered to 0% (United States adds $5 trillion to National Debt over next 3 yrs at no additional cost)
|
||||
|
2009 |
$11,909,829,003,891 |
$383,071,060,815.42 |
$1087 |
|
|
2010 |
$13,561,623,030,891 |
$413,954,825,362.17 |
$1420 |
|
|
2011 |
$14,790,340,328,557 |
$454,393,280,417.03 |
$1531 |
|
|
Quantitative Easing 2 - Federal Reserve refinances all debt at 0% interest rates
(United States adds additional $5 trillion at no cost to National Debt over next 5 yrs )
|
||||
|
2012 |
$16,066,241,407,385 |
$359,796,008,919.49 |
$1664 |
|
|
2013 |
$16,738,183,526,697 |
$415,688,781,248.40 |
$1204 |
|
|
2014 |
$17,824,071,380,733 |
$430,812,121,372.05 |
$1199 |
|
|
2015 |
$18,150,617,666,484 |
$402,435,356,075.49 |
$1060 |
|
|
End to Quantitative Easing 2 - Federal Reserve begins interest rate hikes
(Costs to service National Debt increase and interest rates begin to rise)
|
||||
|
2016 |
$19,573,762,877,248 |
$432,649,652,901.12 |
$1142 |
|
|
2017 |
$20,245,872,760,229 |
$458,542,287,311.80 |
$1297 |
|
|
2018 |
$21,572,798,640,194 |
$523,017,301,446.12 |
$1272 |
|
|
2019 |
$23.1 Trillion |
$610 Billion |
$1519 |
|
|
2020 |
$28T (est) |
$640B(est) |
$2,337.70 |
|
| Costs on National Debt are estimated by the Congressional Budget Office are to be between $800 and $900 Billion year by the year 2025 and could eclipse over $1T | ||||
Price increase since (12/15/2015)*Begining of rate hike cycle |
||||
PROJECTION FOR THE FUTURE
|
YEAR |
NATIONAL DEBT |
COSTS |
AVG. GOLD PRICE (20% per year) |
|
2021 |
$26.08 Trillion |
$710 Billion |
$2400 |
|
2022 |
$27.64 Trillion |
$790 Billion |
$2880 |
|
2023 |
$29.30 Trillion |
$850 Billion |
$3456 |
|
2024 |
$31.05 Trillion |
$910 Billion |
$4147 |
|
2025 |
$32.9 Trillion |
$1 Trillion |
$4976 |