I hate to be blunt, but that is absurd. There is no universal “value” of the dollar beyond what small impact currency traders have. When the government spends domestically it is the price setter, always. When a business spends it is always a transaction satisfactory to both sides, or it doesn’t happen. Every sale includes a buyer who wants some good or service more than they want the dollars being asked for that, and a seller who wants the dollars more than the good or service.

Just so we have this straight, you believe that we can’t afford to feed our own people, educate our kids properly, or provide a decent retirement for our workers along with healthcare because China “might” object to us spending too much and demand higher prices?? Oh, — — the horror!! We might actually have to make some stuff here again. It’s not like the Fed has been wrestling with deflation for a decade or anything and could use some good ol’ fashion inflation.

Japan is in a similar situation and has been trying to weaken its currency for even longer. Its debt is now hovering around 250% of its GDP and it can’t move the magic inflation fairy off her ass. However, now that even the hardline orthodox economists are backing away from their anti-deficit stance and encouraging more public spending, I’m sure your YouTube trained economists will come through and save the day with their infinite wisdom and warnings of the danger of the government doing what governments are purposed to do, spend its currency for the general welfare as mandated in our founding documents. I mean, if we are going to perish as a species we should have the decency to do so with our accounts settled, right??

Secondly, what part of our money supply do you believe “ISN’T” printed? It wouldn’t be so bad if people just mixed together their personal budget rules and some gold standard stuff with the process used by the monopoly issuer of the nation’s currency to come up with their libertarian fantasies, but they are always the most passionate nay-sayers and doomsday predictors. If the status quo of our healthcare, or any other segment of our society, were working swimmingly I’d be on the line with you preventing disruptions, but that isn’t the case. Not only is the status quo failed, but we have numerous examples of how to do it better and for less if we only get over ourselves and our faux nationalist pride.