[colorado tanker]

Oh, they'll keep buying our bonds. Wait until they see the off the charts stupid interest rates Timmy and Zero will be paying to raise all the money they need to pay for their spending.

You and I will pay for that as we see our money devalued from the inflation that will result.

[Wissa]

Oh, they'll keep buying our bonds. Wait until they see the off the charts stupid interest rates Timmy and Zero will be paying to raise all the money they need to pay for their spending.

I'm skeptical about that. How high would interest rates have to be to justify an investment where you get paid off with Monopoly money?

Wouldn't they get an even greater return than those high interest rates if they invest in hard assets instead? Valued in dollars, the price of gold, oil, etc will go up significantly as the dollar shrinks.