Since the US borrows several $ billion everyday from other countries....and since the "loaner" countries, although some in "catch 22" situations are having some concerns about just how they are going to get paid back or have their initial values upheld....
Perhaps it is time to further examine the real possibility of having to "print more money"....
But before one does this which may incite the other countries to "print some of their own" to buy US debt....
Then maybe the US will consider some "legal" changes which get to the root problem of declining "mark to market" issues regarding questionable debt assets of the banks"....
All in all....the current calamity is about valuation and accounting rules....
Thus the idea is just how can the US government create money out of thin air....
The "thin air" "pen stroke" possibilities are:
Accounting rule changes
Printing money
Change in US tax structure (ie consumption tax only)
Thus the question becomes which method would be the most favorable....
Perhaps it is time to further examine the real possibility of having to "print more money"....
But before one does this which may incite the other countries to "print some of their own" to buy US debt....
Then maybe the US will consider some "legal" changes which get to the root problem of declining "mark to market" issues regarding questionable debt assets of the banks"....
All in all....the current calamity is about valuation and accounting rules....
Thus the idea is just how can the US government create money out of thin air....
The "thin air" "pen stroke" possibilities are:
Accounting rule changes
Printing money
Change in US tax structure (ie consumption tax only)
Thus the question becomes which method would be the most favorable....