Comment on Google surpasses $2T market capparentComments−diob2yTo be fair, debt isn't an indicator of anything but credit being used to build something now (aka an investment in the future).So we should be focusing on what that debt is being used to fund, more than the debt itself. In my opinion at least.Overall I agree though, the debt is massive and isn't actually being used to better anything within the USA.−echelon2yThe interest on that debt will become debilitating unless we inflate away our currency.−zamadatix2yThe average inflation rate over the last 50 years is higher than the debt interest rate already so it won't really "become" anything.
Comments
To be fair, debt isn't an indicator of anything but credit being used to build something now (aka an investment in the future).
So we should be focusing on what that debt is being used to fund, more than the debt itself. In my opinion at least.
Overall I agree though, the debt is massive and isn't actually being used to better anything within the USA.
The interest on that debt will become debilitating unless we inflate away our currency.
The average inflation rate over the last 50 years is higher than the debt interest rate already so it won't really "become" anything.