[Zhang Fei]

[That’ll happen whenever the music stops in terms of financing our govt with tbills bought by the Chinese, but not before]

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You’re assuming that borrowing is the only way to finance a deficit. It isn’t. We don’t even have to run deficits. Paper is cheap. People say the Feddle government has been printing money. It hasn’t. When it prints money, we’ll know. That’s when it will cost $35m to buy a loaf of bread.

https://www.cnn.com/2008/WORLD/africa/12/06/zimbabwe.currency/index.html

[socalgop]

Yeah that’s a great point - i think given how few people have assets it’ll be politically easier to raid 401ks than to hyper inflate, but they could easily go that route first. arguably QE is just that and the inflation is onlyin RE and stock.