[Toddsterpatriot]

Not only it would collapse stock market, it would also make servicing debt unsustainable

It has to be done.

It does not appear Fed has any tools to deal with the problem, every move loses.

They can let some bonds mature, stop buying new bonds with the interest payments and even sell some bonds.

[Pelham]

“It has to be done. They can let some bonds mature, stop buying new bonds with the interest payments and even sell some bonds.”

We survived Volcker’s tough love when others had waited around too long. The longer they wait to act the harsher the remedy will feel.