General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
dlukton
Eurodollar University
comments
Comments by "dlukton" (@dlukton) on "What Everyone Gets Wrong About the Debt Crisis" video.
The US dollar won't become worthless against other fiat currencies... not within the next 20 years, anyway.
1
The US government has no politically acceptable way to reduce the debt- to- GDP ratio.... but it DOES have options; and of those options, inflation is the least bad (but still very bad). And by "inflation", I don't just mean 2%; the US dollar will have to be devalued against gold QUITE SUBSTANTIALLY.
1