Ok so as we all know the debt of US is quiet high BUT. Necessarily the debt to gdp is not a problem, as in inflationary environment the debt to GDP always grows as the printed money is government's liability to FED. So the *real* debt of US is only around 5 trillion as far as I know. What I am trying to say is that the government gets most of the surplus of the debt to the Fed bank. Also the inflation is never going to be reversed so you don't ever need to pay that portion of the debt back, sure the banks take SOME 6%? dividend but that is all, the government gets the rest AFAIK. So why is the government's debt to fed counted as debt? If the FED takes around 6% of the profits in dividend (And BTW it buys for cheap anyway), then only 6% of the debt needs to be paid back. In other words the debt that people have to pay back is much smaller than the total debt... right?