[Ken H]

What will the fallout be if the debt is monetized?

I envision large scale bailouts, rising CPI, rising wage demands, and a falling dollar. Kind of like the economy from 1976-1980 under Carter, but on a larger and deeper scale.

Any thoughts?

[TigerLikesRooster]

Re #18

I generally agree. They may be spread over longer period, not just 4 years.