[RichardW]

He’s nuts. The national debt is unsustainable. Eventually this will lead to monetizing the debt and hyperinflation follows.

[iontheball]

He’s nuts.
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My exact thought. Just a lot of mumbo jumbo that means absolutely nothing with respect to this country's grave debt crisis.

[expat2]

He is not talking about the government/national debt -- he is talking about private debt. The main reason that Bernanke's printing money has not had much effect on the macroeconomy is that de-leveraging in the private sector has removed more money than he has been adding.

But when that de-leveraging stops.....