@Mammal

> Cancelling the debt and cutting the price is the same thing as off loading the parasites.

You're conflating national debt (which does affect welfare) with household debt (which does not).

:xi: Who owns the debt, what did they pay for it, what do they expect to get back from it, and how will it affect their economy if the dollar crashes? Specifically, how would that sudden hole in their own economy affect their foreign policy and everyone else's economy?