Until inflation appears...
It has been rumored Trump can do what businesses do- renegotiate debt , not quite declaring bankruptcy but if has sense. Our $22 trillion debt is split up roughly 60/40....$13 trillion owed to the Federal,Reserve, the other to US Treasury. We can not default to Treasury, but as the Federal Reserve is a PRIVATE company, it can be renegotiated. I believe our interest payments are around $200 billion a day to the Fed, renegotiate ( default) and bingo- we go to $12,$15 etc trillion in total debt. Experts claim it would only “ hurt” for about 3 years, USD would crash, T bills crash, bonds crash, a total, huge, RESET....start over with say only $14 trillion in debt.,dollar goes from current 96, down to say 50, nations flock to buy our goods....
True...but we are pushing 25trillion in debt and by whatever smoke and mirrors used, inflation is not a deal.
Everything I thought I knew about economics is wrong, I guess.