Folks! Stop wasting your precious mental and emotional capital on angst over the impending catastrophe of our national debt. It’s bad for your mental health and well being. The solution is simple and painless.
First, let’s agree that the USA contains some priceless items. Among these are our National Parks. An example would be Yosemite. It’s priceless.
Because Yosemite is priceless, the US Treasury estimates its value at $16 trillion (…or whatever the current national debt is), plus one dollar. More about the one dollar later.
Since Yosemite is priceless, the Federal Reserve Open Committee seizes the opportunity to acquire a priceless asset and creates $16 trillion plus one dollar from thin air to buy Yosemite.