Quote:
Originally Posted by peter12
I honestly think that the underlying intent is to cause inflation in order to decrease the domestic debt. Problem is, it's never worked.
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I don't know how that would work, it makes no sense to me to jack up inflationary pressure to decrease the domestic debt. All that happens when you jack up inflation is that people lose even more money on top on increased taxation.
The best way to address a national debt is to adress the massive trade imbalance that the U.S. is holding up.