Originally Posted by GMISBEST.
Why not just print more money? or better yet make up some news that the government found the largest reserve or gold ever, that would depress the value of gold temporarly until the government buys back all gold options and bullion that's on the table. Once the news is debunked, the US forces gold to be a form of currency and voila no more debt. Oh whil all that was going on alittle bit of interest rate manipulation to effect bonds will go along way too.
Now I need to find a job at the treasury, yeah!
You have no idea how the level of debt effects a country and also the amount of money in circulation changes things too. What do you think govt bonds are for? Print more money and all you end up with is a currency that is worth less than the paper and ink used to make it.
As for all your BS about gold, dont bother with these schemes.