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<p>[QUOTE=&quot;jolumoga, post: 26739181, member: 41780&quot;]The U.S. can spend almost infinitely - and monetize its own debts - by projecting and enforcing its military power throughout the world. This need to project strength is what could force the U.S.&#039;s hand to put boots on the ground. So I agree that while the military is costly, there&#039;s a return on investment in propping up the U.S. dollar as a global reserve currency. I guess the issue is that even with the entire world fearing you, there must be a theoretical cap on what you can spend. I think the more time passes and the more we spend, the closer to that cap we go. I just have no clue how much higher the debt can go before this system breaks. Maybe this will be a one-off that can be written off in time. Maybe that cap is much higher than I believe. I don&#039;t know. In any case, gold is good.[/QUOTE]</p><p><br /></p>

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