[dollarbull]

It's true that price trends affect the impact of the burden of debt, but the idea here is to handle public debt with economic growth, not inflation. The moderate inflation is only needed for preventing deflation.

You're delusional if you think the game plan isn't default via inflation. The debt can't be paid and won't be paid in current purchasing power terms, it's mathematically impossible. Peak oil has also guaranteed slow-to-no growth, so there's no way to grow out of this. Bernanke knows this and that's why he must keep printing.

[expat_panama]

You're delusional if you think the game plan isn't default via inflation.

Some would point out that inflation makes paying off debts easier, but let's go with the idea that Obama and Bernanke got together and decided to bring about a US gov't default and that's why we've got runaway hyperinflation.

Seriously?

[expat_panama]

This isn’t working. We can talk about the topic together or you can talk about me alone.