US debt levels are historically abnormal
The thesis presented was that current US debt-to-GDP levels are unprecedented in peacetime, violating the historical Hamiltonian principle of running deficits only during public dangers and paying them down afterward.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.