Ultimately, every penny of very debt must be paid if not by the borrower, than by the lender. CV Meyers
I doubt you know who he was but you can look him up
OK and how does this relate to you being 100% wrong when stating that in 1980 we didn't run a trade deficit?
Is this non sequitur an attempt at deflection from you error?
(Oh and for the record I have his book "The Coming Deflation")
I also have over 30 economics books that I've read cover to cover several times including "The Wealth of Nations", "The Mystery of Capital" as well as Keynes and Hayek and Von Mises and Friedman, just to name a few.