https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/ https://fiscaldata.treasury.gov/americas-finance-guide/natio... tells me it is 124% of GDP

https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/ https://fiscaldata.treasury.gov/americas-finance-guide/natio... tells me it is 124% of GDP, not 100%. This will be inflated away. The FED is already not trying to hit the 2% target. Unfortunately the treasury is issuing mostly treasury bills, so debt servicing will just become more expensive triggering a spiral. This will trigger e.g. capital controls.