Rob Sanchez pfp
Rob Sanchez
@robrecht
TIL that the US national debt was actually $427 billion in 1972 and the new Stripe Press book "Boom: Bubbles and the End of Stagnation" has a small error? cred to @ryanfmason for pointing it out
1 reply
1 recast
17 reactions

sean pfp
sean
@swabbie.eth
So in today's dollars that would be $3.2 trillion, a 10x increase since 1972. Interestingly, if you consider the debt per average salary in the US, it has dropped. But this would probably need a GDP and interest rate analysis as well to be a fair comparison.
1 reply
0 recast
1 reaction