National Debt

1)  How much does the national debt cost each person, approximately? - To find how much the national debt costs each person, you have to look at the debt clock. Right now, that answer would be $48,327. This number keeps growing at a catastrophic rate and hopefully this issue will be solved in the near future.
http://www.usdebtclock.org


2) Can the U.S. print more money and pay off our debt? - It seems like a simple sure-fire way to get rid of the massive debt, but it's not that easy. Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. It may hurt the U.S. dollar, but is it worth it?  It all comes down to the U.S. Treasury.
         "The Treasury has the power print money to pay its bills. That would create the danger of too much money in the hands of the public and, thus, inflation, but the Federal Reserve has options to neutralize this problem. The Fed holds on its balance sheet about $2.6 trillion in securities, mostly Treasury bonds. As the Treasury prints money to pay its bills, the Fed could sell bonds to the public to keep the amount of money in circulation from rising."
http://articles.baltimoresun.com/2011-07-05/news/bs-ed-debt-limit-20110701_1_treasury-bonds-debt-ceiling-debt-limit-impasse


3)  What is the number one contributing factor to our debt? -  The answer isn't what, but who. 






China is the number contributing factor of our national debt due to all the money we borrowed from them?