[Hugin]

If suppliers are paid only with worthless scrip or blinking digits, the food will stop.

The vast majority of all the "dollars" out there are just digits. Only a fraction of the money in institutional accounts has ever been printed into bills, which are no more "real" anyway. EBTs are no more suseptable to non payment than everybody's bank cards. Maybe less so, since the government can create money at will.

Politicians will continue to monitize the debt and pay out benefits, because that's the path of least resistance.

[Wingy]

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[ctdonath2]

Those "digit dollars" are debt. While physical dollars exist in and of themselves, virtual money is nothing more than a chain of IOUs - debt - leading back to the Federal Reserve. ...hence the problem with the laudable goal of eliminating the national debt: our currency is debt; to pay it off leaves about $2T cash to go around (under $7,000 per citizen).