
Five Scenarios for the Federal Debt
From Notes on the Week Ahead by Dr. David Kelly
May 25, 2026 · 17 min · Episode 340
About this episode
Dr. David Kelly discusses the implications of the Federal Reserve's financial accounts on the federal debt.
The Financial Accounts of the United States is a quarterly Federal Reserve publication containing a great many large numbers but very little commentary, presumably because the authors feel the numbers speak for themselves. And the numbers do speak rather loudly.
People in this episode
Host: Dr. David Kelly
Topics covered
- federal debt
- economic analysis
- financial reporting
- Federal Reserve
- public finance
Keywords
- federal debt
- Federal Reserve
- financial accounts
- economic analysis
- public finance
Mentioned in this episode
Organizations: Federal Reserve
Books & works: Financial Accounts of the United States
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