Comment: ugh.. if the sole buyer of bonds is the fed they will have to

(See in situ)

In reply to comment: Based on trust, or (see in situ)

ugh.. if the sole buyer of bonds is the fed they will have to

print even more.. which is what they will end up doing if defaulting on interest drives away other buyers.. not even quasi private/government hybrid banks will buy it because if bonds go to junk grade so will their balance sheet if they own it and if they do the government will have to bail them out and it goes in full circles.. not sure if your one-liner is even sarcasm aimed at me.. one-liners don't really work well in slightly more complicated topics like econ so i advise against it. in fact i hate one-liners in general unless the topic of discussion is entirely silly, which this isn't, judging by how many confused/not smart people here commenting