They were probably referencing the last rounds of "quantitative easing" averaged to a year as absolute number. Anyone even remotely acquainted with the graphs

They were probably referencing the last rounds of "quantitative easing" averaged to a year as absolute number. Anyone even remotely acquainted with the graphs was well aware, that even a year ago it was at about the 12 trillion debt the U.S. held, which grew to 13-14 since then. Much more interesting is the fact, that the graph was more or less stable the last century and now suddenly skyrockets with exponential proportions. See chart for reference: http://www.michaelmatthews.com/images/US_National_Debt_Chart_2010.gif http://www.michaelmatthews.com/images/US_National_Debt_Chart... ps. That's about $44k debt per U.S. citizen: http://www.usdebtclock.org/ http://www.usdebtclock.org/