The only way out for the feds is through mega inflation. how else can they pay off a 54 trillion dollar debt? I think they will just keep printing up money. After all it is free. The cost of ink..paper and the full faith and credit of the US federal government. Where are those million dollar bills???
The only way out for the feds is through mega inflation.
Yup. Maybe not obvious inflation right away (though inflation is already at roughly 10%, if you use realistic numbers, not the government propaganda), but over the next decade, they are going to have to get in some fairly serious inflation sooner or later.