Total Borrowing

http://blogs.cfr.org/setser/2009/05/31/more-government-borrowing-doesnt-necessarily-mean-more-total-borrowing/

Small write-up, perhaps getting the point across more clearly than I did with my posts on May 24th and May 25th. The composition of borrowing has changed, the total amount has basically flatlined. In my opinion, this is not hyper-inflationary. I'll discuss this more when I continue the inflation & money supply posts.