which can never be paid off unless the dollar continues to be debased. That's why the Fed plans on 3% inflation no matter what happens. In times of stress, it inflates even more.

Even at the planned 3% debasement, the value of the dollar will be cut in half every 24 years. At 7% a year, as we saw in the 70's, it loses half its value in about 10 years!

And if you try to save goods rather than dollars, you will be taxed on the "increase in value" of the goods! When the philosophy of the government is tax the "rich" and give to the rest, there is no way to continue except this phantom taxation of wealth.