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NJ5 said:

Sqrl I think alternative #1 is already happening, after seeing this:

http://market-ticker.denninger.net/archives/1304-BLATANT-Monetization-Uncovered.html

The US is covertly printing dollars to bail out its economy... this can end very badly.

 

A fair point, but as you point out this is probably even worse as it just creates another, even more unstable, ugly scenario.

Going back to the point I was making though, the crux of what I was saying was that we either change what we are doing or we are headed for an unmitigated disaster. 



To Each Man, Responsibility