Dan Romero
@dwr.eth
If US debt-to-GDP is such a problem, why aren’t US Treasury rates surging and other fiat currencies surging relative to the dollar?
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Steve
@kausek
Debt to GDP isn’t much beyond a directional indicator Tax revenue to debt might be a more relevant ratio? Like a DSCR. By that measure the latest run up would be just a matter of degree, nothing changed from decades ago
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