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To: Toddsterpatriot

Thanks. Wouldn’t surprise me if they start again though. The other alternatives, massive cuts or massive tax increases are politically or economically implausible, so monetization remains the only viable options. Well, other than outright default.


42 posted on 02/26/2015 2:08:31 PM PST by Hugin ("Do yourself a favor--first thing, get a firearm!")
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To: Hugin
The other alternatives, massive cuts or massive tax increases are politically or economically implausible, so monetization remains the only viable options.

There is no shortage of buyers for Treasury issues, none of your options are urgent.

43 posted on 02/26/2015 2:37:37 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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