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Once the deficit eclipses the total GDP it won't matter if there is extra money floating around because inflation will spiral.
by AimForTheBushes 8y ago
Once the deficit eclipses the total GDP it won't matter if there is extra money floating around because inflation will spiral.
- millstone 8y agoDid you mean debt? The deficit is nowhere close to GDP. Japan has a much higher debt to GDP ratio than the US, and inflation of <1%.