Originally Posted by smurgerburger View Post
They worked through the various possibilities and concluded that the US and the EU would most likely eventually solve their debt problems through deliberate inflation.
That ship is already at sail. The US Federal Reserve "targets" a 2% inflation rate despite a "stable prices" mandate, and then allows inflation to run hot above the target.

The developing companion policy is "financial repression." That's when controls are imposed on the private sector to circumvent restraints on public sector spending. For example they may force banks and pension funds to buy Treasury bonds.