My friends and family talk a lot about politics. The debt always comes up. OUR KIDS WILL BE IN DEBT FOREVER THEY YELL. No. Of the 30 trillion we owe China about 2. But the rest we actually "owe ourselves" . Here is the easiest way to understand this. Suppose someone or some country showed up with semi loads of cash. 30 trillion. And dumped it on the lawn in DC. What would they do with it? Now if you or i Owe 500,000 on our home, cars, education or whatever else and someone gave us 500,00.00 we would pay the bank back and be debt free. But the government doesnt do that. Where would the money go? Who do we owe? Answer is...we owe ourselves. The best thing to do would be burn the money. all it does when they print more for things like the so called stimulus , all it does is devalue the dollar. The democrats, liberals, socialists , communist want this. It could totally devalue the dollar. They want a one world monetary system. The USA is strong enough to take a hit. But eventually it will come to a total devaluation. Like southern africa. a loaf of bread is about 1 million US dollars. Their currency is worthless. Because there was way too much of it printed. I am sure you all know that scarcity makes the value of any item increase. same with the dollar. So in short we are not hurt right now by the printing of our dollar. But how long can this go on?