[Orange1998]

Uh.... Ben has not planned for rising interest rates.

[durasell]

It would seem that the Chinese have a much longer time horizon than the U.S. We think quarter by quarter, they would appear to think quarter century by quarter century.

[spikeytx86]

If the Chinese balk, and no one takes up the slack, the only alternatives are either A.) Curtail Spending or Drastically Raise Taxes to cover the short fall or B.) Raise interest rates until a point is reached that buyers are enticed to buy more of our debt.

If he doesn't raise interest rates and no one else fills China's void the Fed’s either have to go with option A. or we default.