>Srdjan, I agree that it erodes savings, but consider the source of most of the "savings" that fund the US deficit. ;-)

Don't underestimate Chineese. They might start printing money as well, and use this to make new 'investments'.
(After cashing out whatever they can from previous batch)

I don't think green paper is really scalable solution. After we destroy Amazon rain forests in the process {g}, eventually someone is
going to grab baseball bat...

Green energy maybe.