What's interesting is that the US has been issuing a tremendous amount of debt, and the volume of that debt is a lot more than what should be possible under sta

What's interesting is that the US has been issuing a tremendous amount of debt, and the volume of that debt is a lot more than what should be possible under standard economic theories. Interest rate are still historically low, even after the inflationary bump. And there doesn't really seem to be crowding out; in fact, there's so much money floating around that it doesn't have enough places to go...which is presumably why the US debt is still finding buyers (the debt limit thing notwithstanding). If the US was under IMF supervision it would have been in violation decades ago. I don't follow this anymore, but does anyone know if there has been anything written about this bizarre financial era we live in, monetarily speaking?