You make some very good arguments, and I've carried this line of thought myself -- surely its a new reality, because there's no blood in the streets and people

You make some very good arguments, and I've carried this line of thought myself -- surely its a new reality, because there's no blood in the streets and people can still put food on their plates. What is the endgame though? Can the governments keep adding new debt at the rate they have been adding in the past 12 years? Can they just keep going into negative rate teritory? For how long? Will we eventually see -1000% interest rates so that the government/public debt can be maintained? edit: actually, the government does not need -1000% interest rates to service an infinite amount of debt, it just needs real 0% interest rates and the ability to issue more debt.