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John Comiskey's avatar

As is your norm, excellent article. Particularly enjoyed your labeling the "Chart of Doom"

Point of clarity though. I believe the cumulative deficit is only 14.3b thus far (see table 6 Liabilities, Earnings and Remittances Due to the US Treasury from most recent H.4.1 https://www.federalreserve.gov/releases/h41/20221215/), but perhaps I am looking in the wrong place. How did you derive the 48b number?

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MrDustan's avatar

Thank you Bear! Another great writeup!

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