The U.S. Federal Reserve System will begin monetizing the U.S. Treasury's debt in a method known, euphemistically, as quantitative easing. This means they print money out of thin air to solve our nation's problems. The Fed has zero income. They cannot make debt disappear by zeroing it out with offsetting savings. The zeroing process stems from the higher costs people will pay for with a reduced standard of living as a result of loss of purchasing power: their income and savings will not buy what it once would.
This is known as inflation. One can hide from this inflation as well as an ostrich can hide from an impending freight train by inserting its head into a whole in the ground.
Brace Yourself
It takes years for monetary inflation to result in price inflation, but that doesn't mean it's not coming or that it can be dodged.
