/biz/ - Business & Finance

>>27879321
>almost 300 relies.

money is a meme at this level.
Banks won't let people default on debt because it means they lose their power over the flow of money. Those in debt are in the hands of the debtor.
They can't 'pay the debt' by robbing the country because they don't have the means (military might/guns) nor the escape route.

Therefore the Banks will continue allowing more and more debt to be piled up. American would have to lose a war to China before the banks will think of looting the country.

Inflation is an issue, but it is managed, most money goes into the stock market and this is wiped when it crashes (deflation).
Inflation of common good prices is an issue that gets worse over time, it's the one destabilizing factor here.