https://projectpatriot.com/us-2-50-of-d ... p-in-2023/
The United States gross domestic product (GDP) grew by $334 billion in Q4, but only on a pile of U.S. Treasury debt that grew by $834 billion over the same period, borrowed money that the economy will have to pay back with interest through higher taxes and higher prices due to inflation, according to a report Wednesday by conservative finance blog Zero Hedge.
The answer is it's not.
The United States gross domestic product (GDP) grew by $334 billion in Q4, but only on a pile of U.S. Treasury debt that grew by $834 billion over the same period, borrowed money that the economy will have to pay back with interest through higher taxes and higher prices due to inflation, according to a report Wednesday by conservative finance blog Zero Hedge.
The answer is it's not.
statistics: Posted by Rebcop — 4:52 AM - Today — Replies 1 — Views 36