[St_Thomas_Aquinas]

I much prefer default to inflation, but I think the communists and the collaborators will go the inflation route, because inflation will not affect government spending.

Inflation is a universal tax that no one can escape, except the printing press operators.

[bert]

-——I much prefer default ——

I have no real preference. I look into my crystal ball and history books and see inflation in the future. Inflation (devaluation) is the choice of kings and tyrants for all of history.

Inflation is as you said a tax, a hidden tax. Obamacare is a tax. The SCOTUS said so.

My revelation over the weekend is that the imposition of the Obamacare tax will precipitate the inflation tax