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[–] 20265379? [S] 0 points 4 points (+4|-0) ago 

'Maybe we just won't repay the debt'

Trump 2016

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[–] 20266735? 0 points 1 point (+1|-0) ago 

It's the only logical course of action. Tell the fed to go pound sand, while simultaneously releasing a new, parallel currency, issued directly by the US government, and backed by some material resource, or perhaps an exotic, new type of government issued crypto currency.

You like your federal reserve fiat dollars, you can keep your federal reserve fiat dollars. But it's going to have to compete against a real, government issued currency.

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[–] 20267601? ago 

That would be a way of balancing the budget in the future. Nobody would buy any US debt again.

It would be very disappointing to China, who owns 28 percent of the Federal Debt held by foreign powers.