[steveegg]

Don't have a clue what the Grand Experiment means, but I know damn well what this little tidbit means:

The bond market isn’t the only problem the Fed has to face it may also have to start monetizing all of the governments debt. The official debt limit of $6.45 trillion is about one month away from being breached. Passed late spring, the debt limit has been raised by $450 billion. Tjhere is only about $60 billion of that left. This means that when Congress returns after the holiday recess, they will have to raise the debt limit by another trillion dollars just to be safe.

More taxes.

[HighWheeler]

It would be far better if the gubmint would cut spending instead. Maybe we can pray for some Repubs with spines and voices to take the day, and push spending cuts.