Yes. Only reason US $ is strong is because other countries are in worse trouble. But that can not stop inflation. The government stole 9% of all assets via inflation during last 12 months. The government has the tiger by the tail. If they stop printing money, Military budgets will be cut and benefits such as Medicare, social security, and the thousand different welfare programs run out of money. If they keep printing money all the entitlements and welfare can continue with obnoxious inflation. We are screwed! Debt is like 35-40% higher than GDP now. Which simply means we can not pay any part of principle and reduce national debt.
Good, correct, points.
As I remember, the last time I looked at the US Debt Clock the debt was around 27 trillion. Yep, we’re screwed.