[adm5]

Exchanging something with no inherent value(paper) for actual goods and services is called Fraud... when the layman does it. So in essence the US Government is going to perpetrate the largest fraud in the history of the world by Hyperinflating our currency to pay these suckers? Wars have been started for less.

What's the alternative? Obama cutting off all social entitlement programs, and eliminating the military, and cutting social security benefits to the tidal wave of baby boomers about to swamp the system??!

Nope, just crank up the printing presses! A lot easier.

[Xenophon450]

I concur, although I doubt China will take this lying down. If they have even half of the intelligence we give them credit for, they are already trying to diversify out of their dollars, in anticipation of this no-holds-barred orgy of debt monetized stimulus.