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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: copper000 who wrote (28415)3/11/2005 6:41:38 PM
From: LLCF  Read Replies (1) of 110194
 
<Can you please explain how a collapsing dollar will "wipe away grandkids debt" Wouldn't it take MORE dollars to repay the same debt?>

Assuming that our grandkids are the ones that will have to repay the national debt, it would be fantastic if the fed just printed them now and gave it to the bond/note holders. No muss, no fuss!

It really works for any debt assuming it's a somewhat fixed rate, it's clear that inflation wipes out the lender is it not?

DAK
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