Nope. It is absolutely possible to clear the debt without reneging. Just inflate the currency by a factor of 19 times current value and print our way out of it. We’re kind of doing that already in slow motion.
True. But I was implying it couldn’t be done legitimately.
So a fast food lunch will still be affordable, only about a hundred and fifty dollars or so. There will be a twenty dollar menu rather than a dollar menu. No problem, the minimum wage will be up to fifteen an hour.