The Fed will always fix it as _thats what the fed does_. Debt, spending, interest payments are all treasury- The stability of the system is the fed. They often work together but I'm willing to bet the fed is very unhappy with the level of debt and unable to do anything about it. Fed just controls the money supply and interest rates in an extremely technocratic way, divorced from the government or policy making.
> Cumulative inflation of 66.3% over the last 20 years (based on CPI, it's probably actually worse).
While this is bad, if you check the cumulative inflation from 1999-2019 where inflation had essentially been "missing" in the 1-2% range the cumulative inflation is 55%. Regardless though looking at inflation numbers is only half the picture, if you look wage growth in the same period, comes out to several percentage points above inflation/price growth. Even with all the big numbers we are doing pretty well!
> Cumulative inflation of 66.3% over the last 20 years (based on CPI, it's probably actually worse).
While this is bad, if you check the cumulative inflation from 1999-2019 where inflation had essentially been "missing" in the 1-2% range the cumulative inflation is 55%. Regardless though looking at inflation numbers is only half the picture, if you look wage growth in the same period, comes out to several percentage points above inflation/price growth. Even with all the big numbers we are doing pretty well!