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7% is less than inflation so the real debt actually decreased

Sadly that's not how it works for the average household. Unless average household earnings go up, inflation hurts as many household debts are variable rates.

In my opinion that average household is still a winner in long term as eventually rates will drop, average earnings will go up and the loan will already be devalued.

Something doesn’t add up unless there’s over 30 ppl in average households.

Is one number revolving debt and the other all debt? Including mortgages the 165k sounds reasonable

That figure includes mortgage debt, GP said CC debt.

I was mistaken, the $16.5T figure is for all debt.