They’ll debase the currency because debt is so high
Feb 16, 2022
They’ve been debasing and they will continue to debase the currency.
They’ll have to . . . because the debt is so high.
What counts in that respect is the ratio of national debt relative to GDP. It used to be that 60% was considered high. After the Great Financial Crisis of 2008 the ratio soared and 100% was considered very high.
It’s now around 130%:
