@realcaseyrollins no, i’m not referring at all to quantitative easing, which is at this point ordinary and nondisruptive. i’m referring to madly scribbling and rescribbling tariffs, negotiating in ways that even usually reserved allies describe as extortion, generally behaving in ways that abruptly convince the rest of the world they don’t want to hold US paper. that might be good for trade balance, could even drive us into surplus! but via a miserably disruptive path.