GOLD 0.51% $1,391.7 gold futures

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  1. 7,423 Posts.
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    @JFI

    "I agree 100% with you that the US will veneer technically default on its debts. You are correct but I would add that the US will simply digitally create whatever is needed to pay debts. The only problem with this is that at a certain stage inflation becomes run away inflation."

    Do I assume correctly that the "digital creation of whatever is needed to pay debts" would be quantitative easing?

    If so, why are you worried about inflation? QE programs between 2009-present (QE is still continuing!) have produced no inflationary impacts at all
 
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