On: America's economy looks set to accelerate

[paxys]

And what about inflation?

[saulpw → paxys]

Who cares? The roaring 20s will be great!

[datadrivenangel → paxys]

This needs to happen in order for the US to deal with its debts.

[luke5441 → datadrivenangel]

Only works if the US actually sells bonds and not just T-bills. Otherwise the market can just price in inflation.

[paxys → datadrivenangel]

With the minor side effect that no one will be able to afford rent or groceries, but hey that's not what's important.

[trgn → paxys]

or dollar losing value

[eitally → trgn]

Causing the dollar to devalue is a part of the strategy.

[potatoman22 → eitally]

Elaborate?

[hypeatei → potatoman22]

Debt becomes cheaper with devaluation of the dollar, and the US has a lot of it.

[AnimalMuppet → hypeatei]

Not just that. Imports become more expensive; exports become cheaper. This helps US manufacturing.

[m00dy → eitally]

otherwise, it would be really hard to scale with a strong dollar :)