Comment: With all due respect, I think

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With all due respect, I think

With all due respect, I think I'm with the bond traders on this one. It has always been implicit that bonds held by the fed would either be sold back into the market or held to maturity, in which case, I presume they would cancel the money or re-purchase. But just wholesale debt forgiveness would set a terrible precedence, I think. I don't believe the world would stand for it. But then, I'm no expert.