>The only reason that hasn't been completely catastrophic (for the US) is that we're the global exchange currency, and can basically tax the whole world by prin

>The only reason that hasn't been completely catastrophic (for the US) is that we're the global exchange currency, and can basically tax the whole world by printing more money. No, the only reason it hasn't been completely catastrophic is because there's basically no consequence to having this level of debt. Interest payments on our debt are close to the lowest they've been in decades. What's the catastrophe supposed to be, again?