What do you think about bubble-up bail-outs as a "fix"? That is, city bailed out by State, State bailed out by Fed? I see it likely to happen.
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What do you think about bubble-up bail-outs as a "fix"? That is, city bailed out by State, State bailed out by Fed? I see it likely to happen.
Possibly but that would very likely hyperinflate the dollar in just a few years, which could ultimately lead the end of the states. Death by printing machine. https://steemit.com/money/@christophzak/the-real-story-behind-america-s-new-usd20-trillion-debt