Government debt obligations (pensions, entitlements, defense) cannot be paid without debt monetization in coming years; default or renegotiation is politically infeasible, making inflation the only realistic outcome
forecastpending
Speaker
Dr. Michael HowellEvidence Quote
“I don't see how they're ever paid for without debt monetization...I think the only thing to do is to find ways of monetizing”
Source
Global Debt Binge May Force QE + Inflation: Dr. Michael Howell— Mark Mitchell - Mortgage Broker London OntarioCreated: 8/11/2026, 7:48:18 AM
My Notes
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