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Federal debt surged more than 50%.
by dannyw 6y ago
Federal debt surged more than 50%.
- gruez 6y agoAnd so did fed balance sheets[1]. It's clear that this is all just printed money. [1] https://fred.stlouisfed.org/series/WALCL https://fred.stlouisfed.org/series/WALCL
- anm89 6y agoYes but that debt/printed money is interspersed throughout the economy in incredibly complicated ways and cannot easily be reversed. This does not necessarily mean the debt isn't real or can't cause problems.