[SkyPilot]

It's always good to be out of debt. Who knows what the price of the "new money" will be.

Also, if you have debt, hyperinflation will cause that debt to be virtually worthless if salaries are forced to rise to keep pace.

So, who knows what the real strategy should be.

One thing is for sure, China will one day be able to buy this country for pennies on the dollar, and they probably will.

[JasonC]

China will never be able to buy this country, or even the parts of it actually for sale. The US is five times wealthier than China and twenty times wealthier per person. Stop slandering your own country, it is obscene, as well as inaccurate.

[GOPJ]

I agree we're going to have inflation - but the “new currency” will trap more people - just like housing prices of old. It'll be recalculated to reflect the “real price” and all the benefit from inflation will disappear. So I'm doing a compromise - I'm buying the big ticket items I need ( new central AC - high efficiency - Carrier Infinity ) etc - but I'm not borrowing to buy anything... I get the benefit of today's prices without the risk of tomorrow’s currency. But who knows what direction things will go - what's your best bet, skypilot?