>governments can simply print physical cash. That's still addressing the question of cash flow: Making the cash coming in meet or exceed the cash going out by

>governments can simply print physical cash. That's still addressing the question of cash flow: Making the cash coming in meet or exceed the cash going out by printing more cash to go out. The various means to effect cash flow might be different, but national and household budgets are fundamentally the same. >What would happen in that squeeze? Interest rates and taxes will slowly go up and the economy will stagnate. Yes, are we prepared? I don't think so. Also, we can probably do something about that to reverse course or at the very least dampen the grief. Are we doing something, though? Again, I don't think so. >I think the obvious answer is that lenders will indicate with their buying habits when they disapprove of the debt, In the interests of pre-emptive preventative measures, because those are always cheaper and easier than cleaning the room after the shit has hit the fan, are we doing something better than doing nothing?