[cranked]

Pay off? This Gov’t is accumulating more debt by the minute than it pays off. If inflation makes debt cheap, hyperinflation makes it what...cheaper or valueless? Again, I point to the Weimar Republic, Zimbabwe and Argentina.....ask them how that making their debt cheaper to pay off played out for them by printing money....better yet, just Google images under those names and you can determine for yourself. =.=

[Beagle8U]

Perhaps you should google Bernecky saying that inflation was good for government debt.

I have read the quote.

[Beagle8U]

Bernanke noted that “people know that inflation erodes the real value of the government's debt and, therefore, that it is in the interest of the government to create some inflation.”

That comes directly from his Wikipedia page.