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 The unfunded liabilities totaling over $300T is essentially guaranteed future monetary expansion. In other words, there's a lot more inflation to come. 
 Oh yes, it's going to get unimaginably chaotic. Hold on to your hats ',Kansas is going bye bye.' 
 Scary when you think about it. 
CBDC will be introduced as a “North American “ currency and give you the equivalent of 50 cents on the dollar. 
The smart wealthy will put their money in assets during the transition. 
 are you sure that monetary expansion necessitates inflation in every case? in certain cases, definitely, but in every case? 
 but agree with your general point not the monetary base must expand. 
 "that the monetary base must expand"