Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
mk · 4070 days ago · link · · parent · post: Credit where credit is due -- is Boehner playing a deeper game?
Obama could always pull the 'Trillion Dollar Coin'. Not that he would.
–
I wonder. Even so, if it came down to it, it would probably be better than the alternative. No doubt the US credit rating would be hurt, but I can see the markets considering it to be a temporary political extension. QE isn't substantially less magical, and the markets are loving that.