TIL the US national debt was only $427m in 1972

Where is this from? When I look at FRED data I see 460k (millions of dollars) at the end of 1972

bubbles and the end of stagnation by Byrne Hobart and Tobias Huber

Thanks, Hobart’s stuff is always great, haven’t read this book though. 

I just don’t see how I’m misinterpreting this…458 in millions of dollars should be 458 billion. Maybe a better question for the authors lol

looked into it as well and this doesn't look correct indeed going to delete the post lol