[semantic]

That's not true. Foreign sovereign wealth funds (ie Chinese) and domestic savers (that means me & you) continue to buy Treasuries from the central government.

That's real money. But what is especially galling is that US citizens, by purchasing Treasuries are, in effect, funding the very agents of their oppression!

If people would just stop buying Ts, and the Chinese ran low on money as people stopped buying their imported crap, the US gov't would have a real problem.

They'd either have to make budget cutbacks or, as you suggest, start printing money. Neither is effective, so the net effect is that the welfare state would collapse. That should be our end goal.

[rbg81]

people would just stop buying Ts, and the Chinese ran low on money as people stopped buying their imported crap, the US gov’t would have a real problem

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Not really—the Federal Reserve is buying T-Bills by printing $$ out of thin air.

[HangThemHigh]

" If people would just stop buying Ts, and the Chinese ran low on money as people stopped buying their imported crap, the US gov't would have a real problem.

They'd either have to make budget cutbacks or, as you suggest, start printing money. Neither is effective, so the net effect is that the welfare state would collapse. That should be our end goal. "

The lug nuts are loose on the wheels of the economy now. If any one of them falls off, things will go from bad to unthinkable.

But if your plan resulted in the removal of 0, maybe it would work out, after all.