4 ms·
Note that debt to GDP has decreased slightly in the last 2 years, but inflation has offset this when it comes to total $ of debt.
by ortusdux 3y ago
Note that debt to GDP has decreased slightly in the last 2 years, but inflation has offset this when it comes to total $ of debt.
- vikingerik 3y agoAlso note that year-over-year numbers are still skewed by comparing to the pandemic years. Debt-to-GDP compared to two years ago is less not because the debt situation got better, but because GDP two years ago was artificially depressed by the pandemic restrictions.