The government can print as much money as it wants to cover the deposits. Sure, that will create inflation, but the government only promised to guarantee the deposits, not the value of the currency. Peak oil is not an energy crisis. It is a liquid fuel crisis.
We have a name for this in France, which I won't repeat here. I'm going to leave that honour to Jerome :) Free at last! Free at last! Thank God Almighty, we are free at last! (Martin Luther King)
