They were probably referencing the last rounds of "quantitative easing" averaged to a year as absolute number.
Anyone even remotely acquainted with the graphs was well aware, that even a year ago it was at about the 12 trillion debt the U.S. held, which grew to 13-14 since then.
Much more interesting is the fact, that the graph was more or less stable the last century and now suddenly skyrockets with exponential proportions.
Anyone even remotely acquainted with the graphs was well aware, that even a year ago it was at about the 12 trillion debt the U.S. held, which grew to 13-14 since then.
Much more interesting is the fact, that the graph was more or less stable the last century and now suddenly skyrockets with exponential proportions.
See chart for reference: http://www.michaelmatthews.com/images/US_National_Debt_Chart...
ps. That's about $44k debt per U.S. citizen: http://www.usdebtclock.org/