Hi John Nicely spotted, the figure is in trillions, not billions. I've corrected it (and updated it to newer data, so above $11.4 trillion). Thanks for your comment, regards! Asger - Asger Bruhn - Medium

Asger Bruhn

·Jan 28

Not sure why you mention this figure.

John Griswold

Hi John

Nicely spotted, the figure is in trillions, not billions. I've corrected it (and updated it to newer data, so above $11.4 trillion).

Thanks for your comment,

regards!

Asger

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I’m an economist doing policy design and analysis. I write about the economy, taxation, innovation and growth, policy design, and financial markets.