what is your definition of "skyrocket"? while I agree with thesis that elevated inflation is a given, once we deal with the current mess, let me remind you that $1 trillion dollars is only 7% of US GDP.
Oh, and the current US debt to GDP ratio of 65%-70% is not even close to, for instance, Japans, which is north of 300%...
Economic Themes for 2009 [View article]
Oh, and the current US debt to GDP ratio of 65%-70% is not even close to, for instance, Japans, which is north of 300%...