We are only insolvent in terms of dollars owed to debt.
The plan seems to be inflating that debt away. If we spiral into 20% inflation per year (which is possible), the $31 Trillion debt is worth only about $12 Trillion + change after 5-years. By 2030, the original debt would only be worth (real value) roughly $8 Trillion.
Of course, every other aspect of our economy suffers.
We are only insolvent in terms of dollars owed to debt.
The plan seems to be inflating that debt away. If we spiral into 20% inflation per year (which is possible), the $31 Trillion debt is worth only about $12 Trillion + change after 5-years. By 2030, the original debt would only be worth (real value) roughly $8 Trillion.
Of course, every other aspect of our economy suffers.
...a lot....