"The debt ceiling is complete bullshit" It has an instant impact to value attributed to the currency, which then impacts imports/export prices, which then impa

"The debt ceiling is complete bullshit" It has an instant impact to value attributed to the currency, which then impacts imports/export prices, which then impacts economic activity. Look at what's happening in South Africa - they thought they issue debt/ print money to paper over social issues, and everything would be Ok. They are finding out that analysis was incorrect.