Bill Buckler discussed in a Zero Hedge article.

It is a fairly long read. Here is an excerpt:

Consider the record over those 30 years, in the raw numbers as well as the annual percentage increase:

• 1980s - Treasury debt rose from $US 930 Billion to $US 3,233 Billion - up 248 percent
• 1990s - Treasury debt rose from $US 3,233 Billion to $US 5,674 Billion - up 75.5 percent
• 2000s - Treasury debt rose from $US 5,674 Billion to $US 13,500 Billion (estimate) - up 138 percent

Ninety-seven percent of all existing Treasury debt has been created since August 15, 1971!

Ninety-three percent of it has been created since Mr Volcker “saved” the paper Dollar in late 1979!

Treasury debt is the ONLY backing the US Dollar has. Every bit of that debt rise is pure INFLATION.

Since 1982, the inflation has been reflected in serial credit-induced bubble markets. In the US, the last of the “market” bubbles, the real estate bubble, imploded more than three years ago. All that is left is the last of ALL the bubbles, the one in Treasury debt itself. That one is the very end of the road.

John