Mr.G

The Fed Money Machine Gears Up to Print Trillions

"it is a matter of when not if " - how can you default on money which isnt backed by anything? -it is created through thin air and all debts could be paid back tomorrow theoretically - The real question is when does a dollar become worthless ? When the debt is monetized not carried over to new debt seems to be the answer or when no one is willing to buy anymore debt to justify printing more of it .