Hyperinflation and Kotlikoff’s Figures
…[T]he present value of the unfunded liability [of the federal bovernment] is $220 trillion. This means that the government would have to set aside $220 trillion immediately, invest this money in non-government projects that will pay a positive rate of return, and will therefore fund the amortization of this debt.
Hyperinflation is always a possibility [...]
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