#inflation-policy

#inflation-policy

Business leaders, policymakers, and investors are growing increasingly concerned by the United States's borrowing burden, currently sitting at $38.15 trillion. The worry isn't necessarily the size of this debt, but rather America's debt-to-GDP ratio-and hence, its ability to convince investors that it can reliably pay back that debt. It currently stands at about 120%. To reduce that ratio requires either GDP to increase or scaling down the debt. On the latter end, this could include cutting public spending.