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| to use a drunk driver analogy, would an impaired driver be better off to give his keys to the bartender and call a uber or have a cop take the keys? when the cop takes to keys, it gets a lot more expensive. the "taking the gravel road home from the country club in the middle of the night" only works for so long. and the t-bill buyers are the "cops" in that scenario, if the currency gets watered down to the point that rates have to go much higher to attract buyers of the US debt it will be them taking away the punchbowl and it won`t be on our own terms. | |
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Inconvenient possibilities
