"We are really, really good at creating credit. Are we good at paying it back?"
It's the last line of this article:
http://www.minyanvil...dex.php?a=11786
So what are the options for being "good at paying it back", other than inflation or default? I'd like to hear all about the third option, as long as it's not just the old debenture coated over with the new debenture. Because that reminds me of opening a package of red, fresh-looking ground beef and discovering the David-Copperfield-like magic of brown ground beef in the core.
