Mises Daily
Author:
Chris Martenson
Online Publish Date:
The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be “normal.” But the problem is that the recent past was not normal. You may have already seen this next chart. It shows total debt in the U.S. as a percent of GDP: Source: Hoisington, Quarterly
