Comment Re:Say what? (Score 1) 633
We are clearly going to get a big bunch of amateur economists commenting on this one.
I see you are getting this trend started. I would add that there still would be secure government debt to purchase for a long time - though not as much of it. States, municipalities, school boards, etc. are always participating in the bond market for special projects. There are also foreign government's that run deficits but whose debt is more secure than the US's (Thailand, etc.)