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Right - but this neglects the fact that the US has printed an enormous amount of dollars to finance an incredible amount of spending. So sure - the purchasing p
by mcfly1985 6y ago
Right - but this neglects the fact that the US has printed an enormous amount of dollars to finance an incredible amount of spending. So sure - the purchasing power is on par with other countries, but those other countries haven't had the luxury of printing trillions to finance themselves.
- anovikov 6y agoThey had. Japan printed a lot more in terms of GDP. In fact U.S. debt is pretty much average looking for the developed world.