"It will amount to no more than shifting yet another huge pile of debt onto the huge pile our descendants will have to pay off"

this is simply wrong swells
all of uncles debts
nedd never be reduced
all our descendants for ever and ever
will "need pay"
is the foreign owned
debt service

as for the here and now
so long as we are below
macro output capacity
and we are always operating below capacity
and even if we hit capacity
this is an open economy
embedded in a very slack
global industrial system

don't confuse raw commodity surges
with industrial limits

noe asume the price level is adjusted
only at great risk
and with diverse misery

those alleged aweful options
are the one's posed
by
the spoksmen
for the beneficiaries
of chronic system wide
job and credit slack