3min chapter

Money For the Rest of Us cover image

What Investment Strategies Do Best During High Inflation Periods?

Money For the Rest of Us

CHAPTER

The Us. Budget Deficit for Fiscal Year Ending September 20 21

The us. Budget deficit for the fiscal year ending september 20 21 was two point eight trillion dollars. That was the second highest budget deficit on record. There's only been two other occasions where we've had twoone years of double digit deficits as a % of g d p. Both other times, it was during world wars. We didn't know which it would be, but the amount of money creation has been absolutely astounding.

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