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Mark Moss
@1MarkMoss
Wealth Engineering w/Bitcoin | Partner @BTCOppFund | @ArchLending | @BlockwareTeam | 100M+ @YouTube | @iHeartRadio
Joined February 2018
1.5K Following    184.5K Followers
What would it take to "grow our way out" of $40 trillion in debt? How much growth would we actually need? Using CBO’s February baseline, debt held by the public is about 101% of GDP today. By 2036, they project it at about 120%. So if debt still grew along that projected path, but you wanted debt-to-GDP to simply stop getting worse... nominal GDP would need to grow almost 6% per year "For A Decade" And if inflation eventually settles around 2%, you’re talking roughly 3.5 to 4% real growth. The problem is... the CBO is projecting about 1.8%.
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