Our US dollars are mostly created with a stroke of a pen when a person takes out a loan at a commercial bank. As that loan principal gets paid off, the dollars go back to where they came from, nowhere.

But the interest paid has to come from current money supply. Think about that for a while. Boggles my mind.

We have to have a certain amount of inflation of the money supply for the interest on the debt to be paid in a merry go round type situation. What happens when the merry go round can go no faster and the debt can no longer be serviced????

I hope I never find out in my lifetime. Nothing good comes from a currency colapse. It is preventable. But nobody ever gets elected trying to correct it. Japan has survived its situation for many more years I ever imagined it could go on. Maybe we can too???? Think about how popular Paul Volker was in the early 70's. He roped inflation back in that was starting on a self reinforcing feedback loop. Who do we have today with balls that big???? No one that will ever get elected or appointed.

But I am wrong much of the time so maybe I just have concerns that have no merit. If the current system will last another twenty years I either will be dead or no longer care about anything.