The US Govt. can always print money to pay off creditors. Yes, this would be highly inflationary. Actually, it would be anti-deflationary. The fact that U.S.

The US Govt. can always print money to pay off creditors. Yes, this would be highly inflationary. Actually, it would be anti-deflationary. The fact that U.S. Govt can print money to pay off creditors is already priced into the price of the bonds ( if it wasn't, U.S. bonds would already be worthless, as there is simply not enough dollars in the world to come close to paying off the debt). T-Bills are inflationary at the time of issuance.