MarkHarvey on Nostr: US Public Debt as a Percentage of GDP (Debt/GDP ratio): Currently ~120% The red ...
US Public Debt as a Percentage of GDP (Debt/GDP ratio):
Currently ~120%
The red labels are rounds of announced Quantitative easing (QE) to show the effect that QE has on the US debt position.
QE was only introduced in 2008, and is the tool that has allowed unchecked money (and debt) creation since the great financial crisis.
Currently ~120%
The red labels are rounds of announced Quantitative easing (QE) to show the effect that QE has on the US debt position.
QE was only introduced in 2008, and is the tool that has allowed unchecked money (and debt) creation since the great financial crisis.