[GOPJ]

The US dollar has been artificially propped up by being the reserve currency. Once that is taken away, America's credit card is taken away. Why people think this is fantasy is beyond me. Is it whistling through the graveyard?

The other "horror" is that once we're NOT the world's reserve currency, we can't "inflate" out way out of debt. We'll actually have to pay it all back. If broke countries like Haiti could "inflate their way out of debt" they would... any poor country would. That's going to be us soon...

[Toddsterpatriot]

The other "horror" is that once we're NOT the world's reserve currency, we can't "inflate" out way out of debt. We'll actually have to pay it all back.

Our debt is in dollars, of course we can inflate and pay it all back.

If broke countries like Haiti could "inflate their way out of debt" they would...

Their debt is in dollars, so they're out of luck.