/biz/ - Business & Finance

>>55969635
Except they absolutely do care since currently the US Federal Goverment is running a deficit with a shrinking tax revenue and increased spending which is currently amounting to a baffling 20%. So yeah eventually, (very soon) something will break. The US Goverment will have a couple of option:

1) Technical default (won't happen)
2) Re-write the Federal Reserve Act. Currently the FED is a separate entity from the US Goverment whose mandate is to promote maximum employment and price stability, not to purchase US Goverment debt. But through political pressure they could theoretically force the FED to purchase the Government debt by turning the printer back on.