Nope. That would limit inflation and they NEED inflation to decrease the cost of the debt. They have lived on inflation for 100 years and they are not about to stop now.
I think we’re beyond the point where the debt can even be repaid. Stepping up to the gold standard will require repudiation of the national debt. That’s probably a good thing since it will destroy the governments’s credit rating and effectively close the door behind us.
Yup. And they will lie through their teeth to convince us that it's good for us. Never mind about the bit that each American pays for that inflation through lost buying power.
Last year, Kim Jong-Il revalued the North Korean currency to 1/10 it's previous worth and forced his citizens to redeem their old money for the new. He effectively confiscated 90% of their savings.
The Fed's policies are doing exactly the same to us -- just at a slower rate and without all the drama.