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roamer65

(36,744 posts)

5. The Federal Reserve would monetize all of the debt dumped into the markets.

Reply to Best_man23 (Reply #3)

Wed Jul 14, 2021, 09:41 AM

Jul 2021

We wouldn’t have a debt crisis, but we would very possibly have a currency crisis.

The Bank of Japan has monetized most of the Japanese government debt.

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Highlight:

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And yet the capitalistas cast their lot with repuQs EYESORE 9001 Jul 2021 #1

And there it is..... FalloutShelter Jul 2021 #2

Exactly..dictators and their cults have a very destabilizing affect on business PortTack Jul 2021 #11

I was asked this question in late December 2020 Best_man23 Jul 2021 #3

The Federal Reserve would monetize all of the debt dumped into the markets. roamer65 Jul 2021 #5

We Really Need Budget Reform modrepub Jul 2021 #4

With dumbass repugs in charge, who would consider the U.S. a good risk mdbl Jul 2021 #6

They do not care what they do to the USA credit rating. Scalded Nun Jul 2021 #7

That was Rebl2 Jul 2021 #10

The strength of our institutions, courts, and governance is what allows Pepsidog Jul 2021 #8

I don't think you get it malaise Jul 2021 #9

This hair on fire Cosmo Blues Jul 2021 #12

The corporate state is concerned. More Trumpism could cost some their jobs as we move more toward jalan48 Jul 2021 #13