4 ms·
1) Spurious correlation between Cumulative Debt and currency circulation. 2) Confusing yearly numbers like GDP to long-term Debt. Debt/GDP are just a ratio, w
by deltree7 4y ago
1) Spurious correlation between Cumulative Debt and currency circulation.
2) Confusing yearly numbers like GDP to long-term Debt. Debt/GDP are just a ratio, we don't know what the upper limit it or does it even matter.
3) An inflationary era also means higher tax receipts. https://rollcall.com/2022/05/09/tax-revenue-boom-fuels-steep-budget-deficit-decline/ https://rollcall.com/2022/05/09/tax-revenue-boom-fuels-steep... which can easily cover any extra interest you may have to pay