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Kitco News: The Only Thing Backing the Dollar Now is Force

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The United States national debt is rapidly hurtling toward the staggering milestone of $40 trillion. While economists, politicians, and media pundits frequently debate this issue through the lens of modern fiscal policy, tax rates, and budget deficits, a deeper and more profound perspective is often overlooked. According to constitutional scholar William Watkins, the ballooning national debt is not merely a modern economic hurdle—it is fundamentally a constitutional failure. In an illuminating discussion on Kitco News, Watkins argues that the financial trajectory of the United States is the direct result of dismantling the structural guardrails established by the nation’s founders. To…

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