[Havoc]

Bunk.

If my personal debt is $5000 and I go from earning 30k a year to 11k a year, my debt is still 5k. You can devalue the dollar and it is still 5k. The only thing that has changed is my ability to pay. Do you guys think about this stuff at all. Ask any average American put out of work by this crap if their debt load decreased as a result of their drop in pay. Who in hell are you trying to kid and who do you think your kidding!!!

[1rudeboy]

The difference being, of course that in your example you are a victim of currency-devaluation. In the case of the Federal Government, it is doing the devaluating. Huge difference.