…the U.S. government has a record $2.5 trillion of its debt, including bills, bonds and notes, rolling over in 2010. That…is 35% of the outstanding level of Uncle Sam’s marketable obligations having to be refinanced in one single year.
David Rosenberg, Via Business Insider
Deflation! BB
ReplyDeleteNot if the government prints enough to surpass defaulting or expiring debt.
ReplyDeleteThat's the rub.
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