Why does the national debt matter if after inflation it’s largely a wash because

Why does the national debt matter if after inflation it’s largely a wash because it serves largely as a defense against inflation by institutions?


Source date (UTC): 2018-03-17 00:28:11 UTC

Original post: https://twitter.com/i/web/status/974804552871546882

Reply addressees: @PeterSchiff

Replying to: https://twitter.com/i/web/status/974778343873830914


IN REPLY TO:

@PeterSchiff

That was quick. Today the funded portion of the national debt, which is just the tip of the national debt iceberg, surpassed 21 Trillion. Unfortunately it will break 22 Trillion before year end.

Original post: https://twitter.com/i/web/status/974778343873830914

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