Oddbean new post about | logout
▲ ▼
CarlBMenger | 4 months ago (raw) | export | reply | flag +8 
 BREAKING: The U.S. national debt is rising by $1 trillion every 100 days.
▲ ▼
DugandRupe | 4 months ago (raw) | root | parent | reply | flag +1 
 FYI, 1/34.9 is the base inflation of the money supply (annualised that is 1\34.9 multiplied by 365/100). Actual inflation is that plus bank lending. Inflation is caused by the creation of money at no cost.
▲ ▼
HyperTangled | 4 months ago (raw) | root | parent | reply | flag +1 
 Hum... thats 3.6T per year right? This is no good