5 ms·
Adjust a debt-to-GDP ratio for inflation?
by beojan 8y ago
Adjust a debt-to-GDP ratio for inflation?
- hinkley 8y ago> (though absolute US household debt continues to climb) Absolute debt means total value of debts outstanding. The title is, like a lot of ones that get complained about here, making something out of a statistic that doesn't matter. If you aren't going to adjust for inflation, then simply waiting ten years (or about the time since the housing bubble) will give you a new record due to inflation.
- beojan 8y agoThe title (both here, and on the article) is talking about debt-to-GDP ratios. The parenthetical note is just a parenthetical note.
- hinkley 8y agoShould I just keep quoting back sections of the line I quoted in my first post? That’s the other half of my quoted line. GDP debt ratio has fallen. It was a hair under 100% and now it’s back down to 78%. Generally when you are reporting that things are bad you do so when the trend line is going up.
- beojan 8y agoPlease re-read the title. Swiss household is now higher...