DefiantDandelion on Nostr: One or more of three things will happen. 1) Taxes rise significantly , 2) Services ...

One or more of three things will happen. 1) Taxes rise significantly , 2) Services are cut significantly , 3) monetary base inflates significantly. Any combination of the three will be a painful shock in a more or less similar magnitude. I’d prefer a path where we dig ourselves out a bit and give people time to start adapting. Adding more is increasing the height of the cliff we are walking towards. A default will be a significant cut to services. Border protection is a service. But I agree in a political situation where event talking about correction never mind actually correcting is a third rail. The default or some combination of the three “forms” of default appear unavoidable.