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<p>[QUOTE=&quot;medoraman, post: 1203685, member: 26302&quot;]True enough Cloud. I never said anything about saving banks at all costs, I could care less about them. Losing access to working capital is my only concern, since most mid sized to small businesses cannot cash flow without this access.</p><p><br /></p><p>Still confused about the currency. WHY would FRN have to decrease? The Fed can print money as much as it wants, and either of the notes are obligations, either of the US or of the Fed, (ultimately the US). Issuing more notes would not be neutral to inflation and effectively free money that you think it would be. It would be the exact same as the Fed just putting in 20% more currency in circulation in a weak economy, that is hyperinflationary.</p><p><br /></p><p>I think for all of the doom and gloom you accuse others of painting, I think you are painting too rosy of a scenario for either outcome. To me, the best outcome is a little of everything, cutting back spending, raising taxes, inducing more inflation, to tame the debt. Paying it all back or defaulting both would be a severe shock to this country, &quot;shock&quot; meaning major recession at best, with depression very likely.[/QUOTE]</p><p><br /></p>

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