But government debt is DESIGNED to be inflated away. The U.S ran a then-terrifying $2B deficit during WWII. The whole point of government debt is that GDP rises

But government debt is DESIGNED to be inflated away. The U.S ran a then-terrifying $2B deficit during WWII. The whole point of government debt is that GDP rises eclipse it over time. I am rather shocked that anyone can't tell the difference between the effects of mild inflation on debt and default. Debt is not a blood oath - it's just a tool. We're better off if we can use this tool and use it properly. With deflation, that's harder.