LOL! That's like saying the smartest thing someone did was poke out only one of his eyes instead of both.
Deficit problems have now been all solved. We shall print! Inflation? What inflation? We have not been able to measure any inflation. Let's talk about how ugly deflation is. The Chinese will buy our long term paper. They now have a vested stake. They are not smart enough to hedge the possibility the long term paper they have is not worth much. Or are they? Where could they hedge that much toilet paper anyway? Bonus baby derivative dealers at our banks would never let that happen... oh no!