> if inflation is eroding it faster than new debt is being issued. I would be interested to know of a time when inflation was higher than the rate of new debt

> if inflation is eroding it faster than new debt is being issued. I would be interested to know of a time when inflation was higher than the rate of new debt being issues in the US. Maybe in the 70s when inflation hit record highs but interest rates also hit record highs at that time.