What's government doing? Well, debt still remains a challenge. This is federal debt all in red. You know, we're up $38 trillion. Astounding amount of debt. The line is Debt to GDP peaked at a little over 120%. some odd percent. It's come down. Why did it come down even though we're adding debt? Because we used inflation to inflate away a lot of debt holders. (00:18–00:26)
CLAIM
Asserts that the debt-to-GDP ratio peaked at over 120%.
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