RealMacro

Public Debt Has Led Us To A Sick Economy

Long
FRED:GFDEBTN   Federal Debt: Total Public Debt
Endless trillion of money printing has been ongoing for a long time now. The dangers of this has been the normalization in people's minds that it is somehow natural, good, simulative and healthy. As the charts shows in reality it has never been so unnatural, bad, surprising and unhealthy.

During this time we have given a voice to crazy economists (Ie #MMT) that have made a careers running around telling people we need more of the same. False profits with promises of riches is as old as prostitutions.

I hope this chart tickles your curiosity just enough to make a difference.

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