7 ms·
I will not argue against the case that the US will print more dollars, because I think that will happen, but will they print enough to refloat California's obli
by bd_at_rivenhill 16y ago
I will not argue against the case that the US will print more dollars, because I think that will happen, but will they print enough to refloat California's obligations without specific funds being allocated by Congress for a bailout. The Republicans control enough votes to determine whether this happens or not, and it would appear that the political benefits to them could outweigh the damage in the near term.