Mr.G

Does the U.S. Have to Worry About Its Credit Rating?

"Admittedly, bondholders don't like holding bonds of countries that have the habit of inflating their debt away, but that's their problem not yours."
That pretty much says it all for me . The credit ratings arent made by agencies they are made by bond holders - Is anyone going to want to touch US debt after they inflate the debt by a trillion overnight , I dont think so and when the govt cant pay the old debts with the new debt that is when the trouble really starts -the US may never default on its debt but dont expect the dollar to buy anything for long because of it .