So, there is no political will to reduce the US budget deficit and hyperinflation is a real possibility. The government and fed must have a plan for how to deal with this. What is it?
One interesting (conspiracy) theory is that of Red Money. Basically it is the idea that the government has already printed trillions in "red bank notes" that will be used to replace and debase the value of the USD at whatever ratio is deemed necessary. Anyone not wishing to deposit large amounts of green notes into the banking system would be forced to spend it all within a few months, thus "stimulating the economy." A variation on this idea is that the red ink may be time sensitive so a red bill will become worthless after a certain amount of time. This would force people to keep their money within the banking system (electronic dollars would not devalue over time except due to inflation).
http://brucekrasting.blogspot.com/2010/07/red-money-conspiracy-theory-11.html
Edit: This was supposed to be in "economics", how do I move it?
