The Key Question: Increase Debt or Write It Down?

THE Key Question Ignored by Economists and Policymakers Is:

Should the Fed be increasing debt — https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html — or writing it down — https://www.paulcraigroberts.org/2020/03/25/a-brady-bond-solution-for-americas-unpayable-corporate-debt/  ?

Will the One Percent in a futile attempt to save its own paper wealth doom us all?

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