[kjam22]

What happens when the only arrow left in the quiver is to take Fed to Bank lending to MINUS interest rates? (meaning the Fed nows PAYS the banks to borrow money)

There are a few other arrows in the quiver. Nuclear arrows of sort. There's 1) begin nationalizing foreign held assets in this country. 2) begin defaulting on specific foreign debt.

[Borderline]

What happens when the only arrow left in the quiver is to take Fed to Bank lending to MINUS interest rates? (meaning the Fed nows PAYS the banks to borrow money)

"There are a few other arrows in the quiver. Nuclear arrows of sort. There's 1) begin nationalizing foreign held assets in this country. 2) begin defaulting on specific foreign debt."

Yup. There are a bunch of not so good options that they could apply since we are already past the point of no return. Wonder how they would publicize these type actions? ... silly me, they'd make it sound like a step in the right direction, or simpler, for a while, just keep it a secret.

thanks for the thoughtful response. going to be interesting if hazzardous times.