Don't you wonder what Johannes Gutenberg must be thinking?
And why you just gotta love Fr. Z: "The Debt Crisis: Washington’s Kabuki Dance and “NO!” Play" (July 29, 2011).Update:
Official: Whew -- we will not default now! Unofficial: but we will default with massively devalued currency. Some years ago I drove through the Holland Tunnel into Manhattan: it cost $4.00; last week I drove through the Tunnel and it cost $8.00 Twice as much? No, the currency is worth half of what it was then.