The United States did not have a surplus or a balanced budget since 2001. In the last 50 years the U.S. only had 4 years of profit. In fact all the profit the U.S. had would not be enough to pay for 6 months of the current yearly deficit. So how did the U.S. pay for things?

U.S. spending and debt have spiraled out of control and the Government can only raise the money it needs by printing it. That causes inflation. It’s like taxing you extra because you pay more for the things you need and all your assets decline in value.

See the U.S. money printing frenzy: