3 ms·
You need to look at real GDP not nominal.
by thrawa8387336 3y ago
You need to look at real GDP not nominal.
- chrchang523 3y agoDo you? I don’t like it, but the government is allowed to pay off the debt with inflated dollars.
- thrawa8387336 3y agoI mean, meanwhile the standard of living keeps declining. Health, food, transportation...
- morepork 3y agoNominal debt / nominal GDP should be equivalent to real debt / real GDP, so it shouldn't matter