Analyst: US Will Ultimately Choose to Print Money to Save Bond Market
The view being expressed is that the U.S. will ultimately sacrifice the dollar to save the bond market, regardless of who is in power, choosing to print money when push comes to shove.
The poster cited former Fed Chair Alan Greenspan's comment that "the US can pay any debt it has, because we can always print money to do that," arguing this stance applies equally to Powell and any future Fed chair. The poster concluded that most people don't own enough hard assets for what they expect to come.