Ms. Webb, after the Vietnam war, the only way of reimbursing that debt that had become too unwieldy was to resort to inflation. Once the value of currency changes, reimbursement takes place more quickly, but the value is changing.
Will there be any other way to reimburse these thousands of billion dollars—trillions in English, billions in French—than through high inflation? I have met several economists who are afraid of that. However, whenever we meet with Mr. Carney, he tries to be reassuring.
As your colleague from the TD bank pointed out, our economy is intimately linked to the American market whether we like it or not. Do you have any fears concerning medium-term inflation, like Mr. Burleton?