According to The Kobeissi Letter, the hypothetical scenario of DOGE eliminating the US deficit highlights significant economic implications. The US deficit spending in 2024 was approximately $1.8 trillion, equivalent to about 6.1% of the US GDP, which was around $29.7 trillion. The analysis suggests using a moderate 1.5x Government Spending Multiplier to evaluate the potential impact on economic activity, although this remains a theoretical exercise rather than a practical trading strategy.

According to The Kobeissi Letter, the implications of DOGE potentially eliminating the US deficit are profound. In 2024, the US deficit was approximately $1.8 trillion, which is about 6.1% of the US GDP valued at $29.7 trillion. The analysis suggests that using a moderate 1.5x Government Spending Multiplier could have significant effects on the economy. This information is crucial for traders considering the broader economic impact on cryptocurrency markets.