[Ole Okie]

So, what are we facing? Starvation? Invasion? Default on the national debt?

Look at another possibility, personified by Zimbabwe. Keep printing money with its attendant inflation to the point that a loaf of bread costs a trillion dollars.

I've been afraid all along that some idiot politician would come along and monetize the debt. Looks like the United States has achieved that end, and is wearing out its printing presses printing those megabucks.

Monetization also screws everyone, particularly those who have worked and saved for retirement.

[dsc]

“Monetization also screws everyone, particularly those who have worked and saved for retirement.”

Gee, it’s a lucky thing I already got wiped out.

Whew! Had me worried for a minute there.

[DuncanWaring]

I've been afraid all along that some idiot politician would come along and monetize the debt.

They've been doing that since at least March of '09.

[Harrius Magnus]

Look at another possibility, personified by Zimbabwe.

 

Argentina is probably a better example (as if that is so much better).