Comment Re:Stop selling debt to China (Score 2) 269
and then act surprised in ten years when the Chinese bailiffs turn up to load everything of value into ships as debt repayment after America goes bankrupt.
The debt will be inflated away. That's the whole point. Today's spending is being paid for by inflating away people's savings and buying power. They can't get away with raising taxes, but what they are doing is worse.
The national debt is meaningless, but a paycheck doesn't seem go as far as it used to, huh?