To: dennisw
Given that no U.S. government will want to join the ranks of historys sovereign deadbeats, the inflation option remains the most likely course.Inflation is a different name for deadbeatery but it is deadbeatery all the same. It just stretches out the process a bit.
8 posted on
09/29/2010 8:19:09 AM PDT by
arthurus
(Read Hazlitt's "Economics In One Lesson.")
To: arthurus
And, it spreads that pain around by degrading every ones wealth (except for people holding gold, silver and land).
13 posted on
09/29/2010 8:43:19 AM PDT by
2001convSVT
("Repeal ObamaCare")
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