As Fed Pauses Printing, Total World Debt Tops $100 Trillion

If, as Lacy Hunt explains "debt is an increase in current spending in lieu of future spending," then we have some 'un-spending' to do...

At 100 trillion dollars this is 14 times the total value of all the gold in the world - currently at 6.7 trillion.

As Fed Pauses Printing, Total World Debt Tops $100 Trillion