Replying to Avatar Humble Bitcoiner

2007 was the last time the Fed Funds Rate was 5.25%

Debt was $9 trillion and debt-to-GDP was 62%

Today, US national debt is $31.7 trillion and debt-to-GDP is 120%

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Midy 2y ago

That is just so mind blowing and most people are going about their lives having no clue 🤯

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Crizzo 2y ago

If you try to explain it to some people they will bend over backwards trying to justify it.