What's amazing about it if the debt increased more in the absolute terms? :D . If I max out credit cards I can at least show spending (GDP) growth at least the same as what I borrowed...
How is it not obvious to everyone that this is the end game? Increasing rates will rapidly increase debt, which increases inflation, which pushes increasing rates ...
How is it not obvious to everyone that this is the end game? Increasing rates will rapidly increase debt, which increases inflation, which pushes increasing rates ...