-——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
Inflation is the obvious choice because politicians want to keep their promises. As long as the checks are flowing they have done so and it won’t matter to them if a bag of money won’t buy a loaf of bread.