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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: kris b who wrote (71504)10/9/2006 1:52:29 PM
From: Tommaso  Read Replies (2) of 110194
 
>>."Much of this debt will probably end up being inflated away"

It might or it might not. The jury is still out.<<<

I am afraid that this is not something that can be decided by a jury. It's an economic inevitability.

Unless, of course, we raise taxes immediately by 50%; ration gasoline, butter, eggs, and every sort of commodity; and start paying down the debt.

How else can the debt be dealt with?

EDIT. There is always outright repudiation. Own any Czarist bonds?
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