Dear Reader,
DOGE is gone.
It closed July 4, 2026. Musk declared victory. Washington cheered.
Here is what nobody mentioned: the national debt crossed $40 trillion for the first time in history.
Not $35 trillion. Not $38 trillion. Forty. Trillion. Dollars. That is $117,000 per American. Your share. Borrowed in your name.
And today the Federal Reserve meets to decide whether to raise rates again because inflation is still running hot.
Inside today's issue:
- DOGE's $2 Trillion Lie: They promised $2 trillion in cuts. Then $1 trillion. Then $150 billion. Then closed. Federal spending still rose $248 billion year over year.
- $40 Trillion in Debt, $1.25 Trillion in Interest: The debt doubled in ten years. Interest payments hit $1.25 trillion a year. More than the entire defense budget. More than Medicare.
- The Fed Meets Today: PCE inflation is at 3.7%. Rate hike odds are at 60%. Higher rates on $40 trillion in debt means more of your taxes go straight to Wall Street and foreign creditors.
- Larry Benedict -- Oil Skimming: Larry Benedict just released a new presentation on a strategy called "Oil Skimming." It's worth a look. (Brownstone Research)
DOGE'S $2 TRILLION PROMISE
I watched this story unfold in real time.
Elon Musk stood up and said DOGE would save $2 trillion. That became $1 trillion. Then $150 billion. Then on July 4, 2026, DOGE was officially closed.
They claimed $215 billion in savings.
The Cato Institute ran the numbers. Federal spending in 2025 was $248 billion higher than in 2024. No visible break in the spending curve. No structural change. Nothing.
The Partnership for Public Service estimated that firing, rehiring, and putting workers on paid leave cost taxpayers roughly $135 billion.
Sit with that. DOGE may have cost us money. Not saved it.
Now here is the number that hit me harder than any of that. While everyone was watching the DOGE circus, something quietly crossed a threshold that should terrify every American with savings, a paycheck, or a pension.
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THE $40 TRILLION RECKONING
The national debt crossed $40 trillion in August 2026.
It was $19.95 trillion when Trump took his first oath in January 2017. In less than ten years, it doubled. $117,000 for every man, woman, and child in this country.
Interest payments on that debt: $1.25 trillion a year.
More than we spend on national defense. More than Medicare. The U.S. now sends 18.5 cents of every tax dollar collected straight to creditors just to service interest. That is a 35-year high.
"Uncharted territory. The U.S. is collecting nearly 19% of all revenues just to pay off interest on its ballooning debt."
THE FED MEETING TODAY
The Federal Reserve is meeting right now. September 16, 2026.
PCE inflation is running 3.7% over 12 months. 4.1% over the last six. Chair Kevin Warsh told Jackson Hole there is "more work to do." Prediction markets put rate-hike odds at 60%.
Think about what that means. Higher rates on $40 trillion in debt means the interest bill climbs higher. Which means they need to borrow more. Which grows the debt. Which raises the interest bill again.
This is not a problem they can DOGE their way out of.
WHAT YOU CAN CONTROL
My rich dad used to say: the government's biggest power is the power to print.
They borrow. They print. They spend. The debt grows. The dollar weakens. Your savings evaporate. Your wages buy less. The cycle repeats.
Gold knows this cycle. It has seen every empire do this. Rome. Britain. Weimar. Now Washington. Gold does not care about political promises. It does not care what DOGE claimed. It cares about supply and trust. The supply is limited. The trust in fiat is not.
Hold what they cannot print. Gold. Silver. Bitcoin. Real assets outside the system. That is the exit.
The $40 trillion bill came due. Make sure you're not the one holding paper when they finally have to pay it.
Pigs get fat. Hogs get slaughtered. Washington is the hog.
To your freedom,
Robert Kiyosaki
Author, Rich Dad Poor Dad
P.S. Gas prices are skyrocketing right now. Here's what to do... Click here to learn more. (Brownstone Research)
IN CASE YOU MISSED IT
Hey, is your electric bill about to go up?
It's not because of inflation.
Here's what your utility won't tell you:
Something new is plugging into the power grid and draining it.
Something that can devour the electricity of 100,000 homes at a time.
Something likely being built right now, in your state, by the hundreds.
And you're the one paying for it.
Quietly. Every month. Whether you use that power or not.
In some states, bills have already jumped 20% in a single year.
And I believe that's just the beginning.
But here's the good part…
I can't lay it all out in an email.
But I've put everything into a free presentation.
Inside, I'll explain what's really behind these rate hikes, who's responsible…
I've spotted setups like this before. NVIDIA in 2008. Bitcoin at $114. And I was early on every one.
I believe this could be bigger than all of them.
But the window is closing. I believe you have until September 25th before this starts to take off.
And because I don't want you stuck on the losing end of this…
I'm doing something to help.
For the first 1,000 people who join my presentation and take action today, I'm including a FREE GIFT worth $1,000.
No credit card required. No purchase necessary. It's yours to keep just for informing yourself.
Don't stay on the wrong side of this.
Electric bills are going up either way.
The only question is which side of it you're on. Paying for it, or PROFITING FROM IT.
I've made it easy to choose.
Watch my free briefing today and you'll see exactly how you could flip this in your favor.
Sincerely,
James Altucher