There will be economic hell to pay in the next 20 years

The US government can create two or four or six trillion dollars and everyone says that's nice. But when political leaders have to figure out how to refinance this debt 10, 20, 30 years out, its going to really suck.

In response to this post by ColoVT82

Posted: 05/14/2020 at 07:24AM

Fiat money has zero intrinsic value. Wonder what happens when every -- ColoVT82 05/13/2020 2:41PM

If we know the inevitable is that certain companies or industries will not -- Vtskier1 05/13/2020 10:48PM

Seems like the wrong question -- armyhokie88 05/13/2020 5:17PM

Wait... why is a tulip worth so much? -- King Jaffe Joffer 05/13/2020 8:42PM

OK. Let's discuss that - -- ColoVT82 05/13/2020 6:16PM

There will be economic hell to pay in the next 20 years -- Hokie1992 05/14/2020 07:24AM

But all of this is for shutting down the entire country, and now the -- fordham 05/13/2020 5:25PM

Treasury has to finance 3 trillion dollars starting this week -- lchoro 05/13/2020 4:28PM

Back in March, I guessed 2.5T. I was too conservative... ** -- ColoVT82 05/13/2020 5:05PM

Thank goodness for china, right ** -- fordham 05/13/2020 4:42PM

Maybe that's the goal....sell all that debt to China and default on it ** -- Vienna_Hokie 05/13/2020 6:17PM

We have a diabolical plan after all, (evil laugh) ** -- fordham 05/14/2020 10:23AM

I think we already know what happens -- Tafkam Hokie 05/13/2020 3:22PM

Long Pb eh? ** -- ColoVT82 05/13/2020 4:08PM

Already being seen, grocery prices up in april by a large percentage -- fordham 05/13/2020 3:13PM

That's not inflation-induced, that's demand. The supply didn't change -- jmanatVT 05/13/2020 4:03PM

I learned a new twist on food supply - stuff for restaurants goes a differe -- ColoVT82 05/13/2020 4:10PM

I agree supply/demand is part of it but we are increasing costs and -- fordham 05/13/2020 4:08PM

What could go wrong? -- MP4VT2004 05/13/2020 3:11PM

It already did. ** -- HokieJay 05/13/2020 4:13PM

Deflation? ** -- ColoVT82 05/13/2020 4:08PM

I feel that is a foregone conclusion. Especially, if there is another -- VTMONEY94 05/13/2020 4:10PM

The helter skelter ....foreign fx will blow first. Grabs hbomb goggles ** -- ColoVT82 05/13/2020 4:14PM

Not socialism, but chaos is possible ** -- fordham 05/13/2020 3:16PM

There will be economic hell to pay in the next 20 years

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