Monday, June 24, 2013

Millions of millions

FRED's default for Federal Debt: Total Public Debt (GFDEBTN):

So I'm looking at the graph this morning, noticing that the Federal debt is up around 17, not down around 14 like an older graph I was looking at.

17 million.

Huh? How come the Federal debt is so low?? The highest value on the vertical axis is 18 million... All the values are millions... Yes, the axis label says millions of dollars...

No, dummy. The highest value is 18 million million dollars. 18 trillion.

Didn't have my coffee yet.

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