Actually, you are talking about the Fed forgiving $8T in debt. But the USA has $34.6T in total debt outstanding, right? So, still $26.6T to continue rolling over. What's the "right" amount of debt for the USA to have?
Actually, you are talking about the Fed forgiving $8T in debt. But the USA has $34.6T in total debt outstanding, right? So, still $26.6T to continue rolling over. What's the "right" amount of debt for the USA to have?
Actually, you are talking about the Fed forgiving $8T in debt. But the USA has $34.6T in total debt outstanding, right? So, still $26.6T to continue rolling over. What's the "right" amount of debt for the USA to have?
Maybe 70% of GDP, so $20T should be more manageable