Great debate.  2 knowledgable people arguing their points well, and respectfuly.

I am seeing both sides here.

What about a one-off printing of a 35 trillion dollar coin to pay off, and net out the national debt?  Genuine question -- and "road to zimbabwe" is not an answer.

FWIW I do think historical counterfeiting laws were on the right track.  Debase the currency, debase the nation. 

  Easy dogmas are generally false.