3 ms·

This is a very strong premise, but not an absolute truth. All of the discussions around the US debt ceiling are largely about maintaining confidence that inter

This is a very strong premise, but not an absolute truth. All of the discussions around the US debt ceiling are largely about maintaining confidence that interest will be paid.

throwawaymaths 3y ago
The fed can always QE to pay the debt. Debt ceiling is mostly about other contractual payment obligations by the government. Remember, the government != the fed