THIS IS IMPORTANT: IS DEBT ON AMERICA GONNA REACH 100 TRILLION?
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EzraForever — 7 years ago(February 11, 2019 10:34 PM)
American gentiles are racking up about $1 trillion per year deficits, so if we keep on that this rate, we will reach $100 trillion in 80 years. In reality, the deficits will grow past $1 trillion each year, so perhaps in 40 years we might hit $100 trillion assuming we keep inflation at a reasonable level, if inflation grows we might hit the $100 trillion mark much earlier.
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DrakeStraw — 7 years ago(February 11, 2019 10:38 PM)
… in 40 years we might hit $100 trillion … if inflation grows we might hit the $100 trillion mark much earlier.
Keep in mind that inflation grows exponentially, so definitely in less than 40 years.
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