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This site looks, a bit shady, but it does give figures:

http://www.blacklistednews.com/view.asp?ID=6397

> Total U.S. credit card debt reached almost $800 billion in November 2007

In contrast, the US GDP is about $14 trillion, so credit cards probably have some inflationary effect (GDP isn't the right statistic, what's needed is some measure of the total money supply, but I'm not sure how that's done.)



M0 or m1. gov uses m3 to make inflation look smaller i believe.


Ah, thanks. M1 seems to be between 1 and 2 trillion, so credit card debt is definitely significant against that back drop.




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